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Full text of "Annual Report of the Commissioners of Savings Banks, 1877"

v> 



State Library 



OF 



MASSACHUSETTS. 



i~\* 



Return as Soon. as Used, 




I 






PUBLIC DOCUMENT No. 8. 



ANNUAL REPORT 



BOAED OF 



COIMISSIONEBS OF SAYINGS BAffiS, 



INCLUDING} THE 



ABSTRACTS OF REPORTS 



FROM THE 



SAVINGS INSTITUTIONS IN MASSACHUSETTS. 



1877. 



BOSTON: 
RAND, AVERY, & CO., PRINTERS TO THE COMMONWEALTH, 

117 Fkanklin Street. 
1878. 



&3Z V\d 

A 



€ommontocaltl) of Massat\)U8tttB. 



Office of the Commissioners of Savings Banks, State House, ) 

Boston, January 2, 1878. ) 

To the Honorable Senate and House of Representatives in General Court 

assembled : — 

The undersigned, the Board of Commissioners of Sav- 
ings Banks, have the honor to present for the considera- 
tion of the Legislature, their Second Annual Report, in- 
cluding a statement of the condition of each institution at 
the close of business on the thirty-first day of October 
last ; the same being the Twelfth of the series of Annual 

Reports since the appointment of a Commissioner of 
Savings Banks. 

Very respectfully, 

J. GATCHELL, 
C. CURRY, 

Commissioners. 



Digitized by the Internet Archive 

in 2012 with funding from 

Boston Library Consortium Member Libraries 



http://archive.org/details/annualreportofco1877mass 



ABSTRACT OF ANNUAL REPORTS 



OP THE 



SAVINGS BANKS AND TRUST COMPANIES: 



SHOWING THEIR 



CONDITION AT THE CLOSE OF BUSINESS ON THE 
31st OF OCTOBER, 1877. 



6 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ABINGTON SAVINGS BANK - ABINGTON. 

Incorporated 1853. Number of corporators, 50. 
Z. N. Whitmarsh, President. Treasurer, J. N. Farrar. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$882,232 64 


Public funds, . . . 


$81,657 50 


Earnings, undivided, 


22,005 43 


Loans on public funds, . 


2,330 00 


Guarantee fund, 


2,300 00 


Bank stock, .... 


157,186 62 






Loans on bank stock, 


7,390 00 






Railroad bonds, 


53,711 70 






Real estate by foreclosure, 


6,205 70 






Loans on real estate, 


512,417 34 






Loans on personal security, . 


59,717 21 






Loans to counties, cities, or 








towns, 


19,000 00 






Deposits in bank on interest, . 


5,719 28 






Expense account and taxes, . 


88 39 


* 




Cash on band, .... 


1,114 33 




$906,538 07 


$906,538 07 



Loans on Public Funds — amount on each 
On United States bonds, par value $2,350, 

Loans on Bank Stock — amount on each: 
On 123 shares Abington National Bank, . 

Amount of real estate held by foreclosure, 
Estimated value of the same, 



Cash on deposit in Banks : 
Abington National Bank, . 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend j 2-£ per cent., 

for the previous year, ( 2| per cent. , 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at the 

time of, and including, the last extra dividend, 7£ per cent. 
The total amount of loans with each specified rate of interest: 

$21,000, 6 per cent; $17,000, 6| per cent; $562,745.55, 7 per 

cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 466 

Aggregate amount of the same, 

Number of open accounts, 2,685 

Number and am't of deposits received for the previous year, . 968 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .74 
Number and amount of withdrawals, .... 1,223 

Number of accounts opened during the previous year, . . 269 
Number of accounts closed during the previous year, . . 276 
Amount of the expenses of the corporation during the previous 

year, . 



$2,330 00 



$7,390 00 

$6,205 70 
7,000 00 



$5,719 28 

$59,608 87 
; 21,627 35 
[ 21,729 23 



376,511 55 

92,284 40 

39,644 15 
140,155 78 

1,649 74 



1878.] 



PUBLIC DOCUMENT — No. 8. 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 5. 



$15,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$5,000 


$5,518 75 


$5,000 09 


City and Town Bonds — 








City of Bangor, Me., 


$20,000 


$21,050 00 


$17,150 00 


of Bath, Me., . 




10,000 


10,450 00 


9,000 00 


of Belfast, Me., 




10,000 


10,450 00 


9,750 00 


of Portland, Me., . 




7,000 


7,350 00 


7,000 00 


of Meriden, Conn., . 




20,000 


22,640 67 


21,000 00 


of Holyoke, Mass., . 




5,000 


5,729 17 


5,000 00 


Village of St. Albans, Vt., 




3,900 


3,997 50 


3,757 50 


Town of St. Johnsbury, Vt.,' 




4,000 


4,040 00 


4,000 00 



Bank Stock. 



Abington Nat'l Bank, Abington, 

First Nat'l Bank, Adams, 

Boston Nat'l Bank, Boston, 

Eliot Nat'l Bank, Boston, • 

Blackstone Nat'l Bank, Boston 

Howard Nat'l Bank, Boston, 

Webster Nat'l Bank, Boston, 

Globe Nat'l Bank, Boston, 

Second Nat'l Bank, Boston, 

Traders' Nat'l Bank, Boston, 

Hide and Leather Nat'l Bank, Boston 

Redemption Nat'l Bank, Boston, 

Republic Nat'l Bank, Boston, . 

North Nat'l Bank, Boston, 

Third Nat'l Bank, Boston, 

Mt. Vernon Nat'l Bank, Boston, 

Merchants' Nat'l Bank, Boston, 

Central Nat'l Bank, Boston, . 

Metropolitan Nat'l Bank, Boston, 

Freeman's Nat'l Bank, Boston, 

First Nat'l Bank, Danvers, 

Old Colony Nat'l Bank, Plymouth, 

Continental Nat'l Bank, . 

Eagle Nat'l Bank, . 

Hamilton Nat'l Bank, 

State Nat'l Bank, . 

Shoe and Leather Nat'l Bank, 



$13,600 
4,000 
7,400 
5,900 

10,000 

15,000 
4,700 
5,000 
5,000 
5,800 
6,800 
2,000 
4,500 
2,200 
1,000 
3,800 

10,000 
1,200 

10,000 
1,500 
2,850 
200 
2,500 
1,900 
5,000 
3,200 
1,000 



$17,408 00 
4,800 00 
8,454 50 
6,372 00 
10,725 00 
16,893 75 
4,805 75 
5,500 00 
6,025 00 
6,264 00 
7,616 00 
2,610 
5,872 
2,590 
1,114 
4,427 
13,387 50 
1,165 50 
9,250 00 
1,622 75 
3,857 
256 
2,550 
2,052 
5,912 
3,480 
1,185 



00 
50 
50 
12 

00 



00 
00 
00 
00 
50 
00 
00 



$14,810 00 

4,000 00 

8,279 75 

6,406 25 
12,283 75 
15,000 00 

4,788 62 

6,262 50 

8,012 50 

5,875 00 

7,115 

2,820 

4,500 

3,014 

1,380 

4,760 
15,258 

1,254 
10,000 00 

2,025 00 

3,956 
266 

2,505 

2,071 

5,900 



00 
00 
00 
00 
00 
50 
00 
00 



3,488 
1,155 



25 

50 
00 
00 
00 
00 
00 



Railkoad Bonds. 



Eastern Railroad bonds, . 
Old Colony Railroad bonds, 




$18,261 08 
5.450 62 



8 



BANK COMMISSIONERS' REPORT. 



[Jan. 



AMHERST SAVINGS BANK — AMHERST. 

Incorporated 1864. Number of corporators, 13. 
Enos F. Cook, President. Treasurer, Samuel C. Carter. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$162,173 33 


Public funds, .... 


$40,000 00 


Earnings, undivided, 


1,818 64 


Loans on public funds, . 


500 00 


Guaranty fund, 


1,506 96 


Bank stock, .... 


45,000 00 






Loans on bank stock, 


5.700 00 






Railroad bonds, 


32,500 00 






Real estate, .... 


13,755 37 






Loans on real estate, 


229,593 00 






Loans on personal security, . 


39.509 71 






Loans on railroad bonds, 


900 00 






Loans to counties, cities, or 








towns, 


52,200 00 






Cash on band, .... 


5,840 85 




$165,498 93 


$465,498 93 



Loans on Public Funds — amount on each : 
On United States bond, par value $500, 

Loans on Bank Stock — amount on each : 
On 16 shares First National Bank, Amherst, . 
On 4 shares Chapin Trust Company, Springfield, 
On 21 shares City National Bank, of Worcester, 

Loans on Railway Bonds — amount on each : 
On New London Northern $1,000 bond, . 



$500 00 



$1,700 00 

250 00 

2,000 00 



900 00 



Cash on deposit in Banks : 
In First National Bank of Amherst, $5,122 30 

Amount invested in real estate, . $13,755 37 

Estimated value of real estate, 14,000 00 

Whole amount of interest or profits received or earned, . . . 30,309 24 
Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 10,378 70 

for the previous year, ) 2£ per cent. , .( 10,714 31 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest : 

$72,200, 6 per cent. ; $328,702.71, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 245 

Aggregate amount of the same, 244,402 71 

Number of open accounts, 1,984 

Number and am't of deposits received for the previous year, 1,245 93,808 17 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .94 49,634 00 

Number and amount of withdrawals, . . . • 1,083 76,958 24 



1878.] 



PUBLIC DOCUMENT — No. 8. 



9 



Number of accounts opened during the previous year, . . 236 
Number of accounts closed during the previous year, . . 224 
Amount of the expenses of the corporation during the previous 

year, $1,248 01 

Amount of treasurer's bonds, 5,000 00 

Date of examination by Commissioner, July 23. 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

Bangor city bonds, .... 


$20,000 
20,000 


$22,000 00 
21,000 00 


$20,000 00 
20,000 00 


Bank Stock. 



First Nat'l Bank, Easthampton, 
First Nat'l Bank, Holyoke, 
Agawam, of Springfield, . 
Crocker, of Turner's Falls, 
City, of Worcester, . 
Citizens', of Worcester, . 
Conway, of Conway, 
First, of Northampton, . 
Hampshire County, of Northampton 
Hide and Leather, of Boston, . 
Mechanics', of Worcester, 



$6,000 
10,000 
5,300 
5,700 
4,000 
2,500 
1,000 
7,500 
1,000 
1,000 
1,000 



$7,800 00 
10,800 00 

6,466 00 

5,871 

5,120 

3,062 

1,155 
10,275 00 

1,160 00 

1,107 50 

1,250 00 



00 
00 
50 
00 



$6,000 00 
10,000 00 

5,300 

5,700 

4,000 

2,500 

1,000 

7,500 

1,000 

1,000 

1,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 



Railroad Bonds. 



New London Northern R.R. bonds, 
Vermont and Mass. R.R. bonds, 



$27,500 
5,000 



$28,800 00 
5,175 00 



$27,500 00 
5,000 00 



10 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ANDOYER SAYINGS BANK — ANDOVER. 

Incorporated April 2, 1834. Number of corporators, 60. 
Nathantel Swift, President. Treasurer, Johx F. Kimball. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,542,363 34 


Public funds, .... 


$527,000 00 


Earnings, undi- 




Loans on public funds, . 


1,400 00 


vided, 


39,159 10 


Bank stock, .... 


126,600 00 


Guarantee fund, 


5,000 00 


Loans on bank stock, 


107 00 






Railroad bonds, 


254,000 00 






Real estate by foreclosure, 


9,000 00 






Loans on real estate, 


573,564 40 






Loans on personal security, . 


74,090 13 






Loans to counties, cities, or 








towns, 


20,000 00 






Deposits in bank on interest, . 


17 58 






Cash on hand, .... 


743 33 




$1,586,522 44 


$1,586,522 44 



Loan on Public Funds — amount on each ; 
On United States bonds, par value $1,500, 



$1,400 00 



Cash on deposit in Banks : 
Andover National Bank, . 



$17 58 



Whole amount of interest or profits received or earned, . . . $108,957 92 
Rate and amount of each semi-annual dividend i 2^ per cent., . ( 35.675 93 

for the previous year, ) 2% per cent., . } 36,722 17 

Time for the dividends fixed by the by-laws : third Wednesday of 

June and December. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$71,100, 6 per cent. ; $15,500, 6$ per cent. ; $561,061.53, 7 per 

cent. ; $1,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 199 

Aggregate amount of the same, 276,557 00 

Number of open accounts, 3,501 

Number and am't of deposits received for the previous year, 1,779 192,665 13 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 192 112,794 00 
Number and amount of withdrawals, .... 1,518 178,733 20 

Number of accounts opened during the previous year, . . 402 
Number of accounts closed during the previous year, . . 276 
Amount of expenses of the corporation during the previous year, . 2,100 00 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, June 4. 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



11 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 6s, 1881, . 


$20,000 


$22,000 00 


$20,000 00 


City and Town Bonds — 








City of Bath, Me., . 


$30,000 


$30,900 00 


$30,000 00 


of Bangor, Me., 




25,000 


25,750 00 


25,000 00 


of Belfast, Me., 




40,000 


41,200 00 


40,000 00 


of Chelsea, Mass., . 




27,000 


29,160 00 


27,000 00 


of Cambridge, Mass., 




12,000 


12,860 00 


12,000 00 


of Fall River, Mass., 




10,000 


10,700 00 


10,000 00 


of Holyoke, Mass., . 




8,000 


8,800 00 


8,000 00 


of Lawrence, Mass., 




20,000 


21,400 00 


20,000 00 


of Lynn, Mass., 




30,000 


32,100 00 


30,000 00 


of Lowell, Mass., 




5,000 


5,400 00 


5,000 00 


Town of Melrose, Mass., . 




15,000 


16,050 00 


15,000 00 


City of Dover, N.H., 




25,500 


26,265 00 


25,500 00 


of Norwich, Conn., . 




35,000 


37,600 00 


35,000 00 


of Nashua, N.H., 




5,000 


5,150 00 


5,000 00 


of Newburyport, Mass., 




20,000 


21,400 00 


20,000 00 


Town of Northampton, Mass., 




33,000 


35,300 00 


33,000 00 


City of Portland, Me., . 




25,000 


26,000 00 


25,000 00 


of Portsmouth, N.H., 




32,500 


34,450 00 


32,500 00 


of Rockland, Me., . 




10,000 


10,300 00 


10,000 00 


of Salem, Mass., 




20,000 


21,400 00 


20,000 00 


of Somerville, Mass., m 




40,000 


43,600 00 


40,000 00 


of Worcester, Mass., 




15,000 


16,200 00 


15,000 00 


Town of Wakefield, Mass., 




17,000 


18,190 00 


17,000 00 


City of Lewiston, Me., 




7,000 


7,300 00 


7,000 00 



Bank Stock. 



Andover Nat'l Bank, Andover, 


$25,100 


$30,120 00 


$25,100 00 


Bay State Nat'l Bank, Lawrence, . 


7,500 


10,000 00 


7,500 00 


Wachusett Nat'l Bank, Fitchburg, . 


5,000 


5,250 00 


5,000 00 


Blackstone Nat'l Bank, Boston, 


10,000 


10,600 00 


10,000 00 


Continental Nat'l Bank, Boston, 


3,600 


3,780 00 


3,600 00 


Merchants' Nat'l Bank, Boston, 


2,500 


3,300 00 


• 2,500 00 


Revere Nat'l Bank, Boston, 


35,000 


38,150 00 


35,000 00 


Nat'l Bank of Republic, Boston, 


22,500 


28,800 00 


22,500 00 


Webster Nat'l Bank, Boston, . 


15,400 


15,862 00 


15,400 00 



Railroad Bonds. 



Boston and Albany Railroad bonds, 


$50,000 


$57,000 00 


$50,000 00 


Boston and Maine Railroad bonds, . 


50,000 


55,000 00 


50,000 00 


Boston and Lowell Railroad bonds, . 


64,000 


68,480 00 


64,000 00 


Cheshire Railroad bonds, 


25,000 


24,375 00 


25,000 00 


Old Colony Railroad bonds, 


20,000 


22,000 00 


20,000 00 


New Bedford Railroad bonds, . 


10,000 


10,000 00 


10,000 00 


Worcester and Nashua R.R. bonds, 


10,000 


10,000 00 


10,000 00 


Agricultural Branch R.R. bonds, . 


25,000 


22,500 00 


25,000 00 



12 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ARLINGTON FIVE CENTS SAVINGS BANK — ARLINGTON. 

Incorporated 1860. Number of corporators, 30. 

Albert Wlntst, President. Treasurer, Abel R. Pkoctor. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$650,729 18 


Public funds, .... 


$32,000 00 


Earnings, undivided, 


9,113 91 


Bank stock, .... 


22,624 75 


Guarantee fund, 


7,082 05 


Railroad bonds, 


5,050 00 


Other liabilities, 


400 00 


Real estate, 


26,396 59 






Real estate acquired, 


28,850 05 






Loans on real estate, 


444,739 38 






Loans on personal security, . 


46,063 87 






Loans to counties, cities, or 








towns, 


45,300 00 






Deposits in banks on interest, 


15,474 64 






Expense account, 


406 74 






Tax accouut, .... 


299 77 






Cash on hand, .... 


119 35 




$667,325 14 


$667,325 14 



Amount invested in real estate, . . . . . . . $26,396 59 

Estimated value of real estate, 26,396 59 

Amount of real estate held by foreclosure, 28,850 05 

Estimated value, 28,850 00 



Cash on deposit in Banks : 
Faneuil Hall National Bank of Boston, 



$15,474 64 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, S 2\ per cent. , 

Times for the dividends fixed by the by-laws: January 1, July 1. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend, 6 per cent. 

The total amount of loans with each specified rate of interest : 
$15,474.64, 3 per cent. ; $5,000, 5 per cent. ; $57,487.38, 6 per 
cent. ; $12,500, 6£ per cent. ; $354,815.87, 7 per cent. ; $20,000, 
lj\ per cent. ; $25,100, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 265 

Aggregate amount of the same, 

Number of open accounts, 2,080 

Number and amount of deposits received, . . . 1,686 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 83 

Number and amount of withdrawals, .... 1,420 

Number of accounts opened during the previous year, . . 262 

Number of accounts closed during the previous year, . . 230 



:i 



,925 61 
16,189 16 
16,191 16 



282,303 25 

133,583 78 

46,711 20 
144,362 30 



1878.] 



PUBLIC DOCUMENT — No. 8. 



13 



Amount of the expenses of the corporation during the previous 

year, $1,490 92 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, August 31. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 
" " " 1867, 



$8,500 
23,500 



$9,403 12 
25,468 12 



$8,500 00 
23,500 00 



Bank Stock. 



Nat'l Bank of Republic, Boston, 


$3,300 


■■■ 

$4,306 50 


$4,281 50 


Nat'l Bank of Redemption, Boston, . 


1,000 


1,300 00 


1,353 75 


Union Nat'l Bank, Boston, 


1,200 


1,596 00 


1,644 00 


Continental Nat'l Bank, Boston, 


5,000 


5,050 00 


5,955 75 


First Ward Nat'l Bank, Boston, 


2,800 


2,240 00 


2,856 25 


Nat'l Bank of No. America, Boston, 


2,500 


2,712 50 


2,975 00 


Eleventh Ward Nat'l Bank, Boston, 


1,800 


660 00 


2,248 50 


Faneuil Hall Nat'l Bank, Boston, . 


1,000 


1,332 50 


1,310 00 



Railroad Bonds. 



Eastern Railroad bonds, . 



$5,500 



$2,750 00 



$5,050 00 



14 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ASHBURNHAM SAYINGS BAN T K— ASHBUBNHAM. 

Incorporated May 11, 1871. Number of corporators, 50. 
A. A. Walker, President. Treasurer, Geo. W. Eddv. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$29,077 20 


Public funds, .... 


$3,135 00 


Earnings, undivided, 


434 43 


Bank stock, 


7,837 25 


Guarantee fund, 


100 00 


Loan on bank stock, 


2,000 00 






Loans on real estate, 


11,877 60 






Loans on personal security, . 


1,400 00 






Loans to counties, cities, or 








towns, . 


3,000 00 






Expense account, 


7 25 






Deposit in bank on interest, . 


135 13 






Cash on hand, .... 


219 40 


' 


$29,611 63 


$29,611 63 



Loans on Bank Stock: 
On 25 shares of First Nat'l Bank of Ashbumham, 



$2,000 00 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2A per cent., 

for the previous year, j 2£ per cent., 

Times for the dividends fixed by the by-laws : January and July. 



$1,655 87 
611 47 
655 71 



Cash on deposit in Bank : 
In First National Bank of Ashburnham, $135 13 

The total amount of loans with each specified rate of interest : 
$3,000, 6 per cent. ; $2,000, 6i per cent. ; $12,927.60, 7 per cent. ; 
$350, 7 t 3 q- per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, .24 

Aggregate amount of the same, $18,277 60 

Number of open accounts, . . ... . . . . 152 

Number and am't of deposits received for the previous year, . 89 11,888 24 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .11 5,410 20 
Number and amount of withdrawals, . " . . . .84 8,524 07 

Number of accounts opened during the previous year, . . 38 
Number of accounts closed during the previous year, . . 26 
Amount of expenses of the corporation during the previous year, . 167 89 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, July 9. 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



15 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and Town Bonds — 
Methuen, 

Chelsea, .... 
Wiscasset, Me., 



$1,000 
1,000 
1,000 



$1,035 00 
1,080 00 
1,040 00 



frl,000 00 
1,090 00 
1,045 00 



Bank Stock. 



Sat'l Bank of Redemption, Boston, . 


$1,000 


$1,300 00 


$1,505 00 


Market Nat'l Bank, Boston, 


1,000 


1,070 00 


1,122 50 


Suffolk Nat'l Bank, Boston, ■ . 


1,500 


1,815 00 


1,863 75 


Blackstone Nat'l Bank, Boston, 


1,200 


1,272 00 


1,491 00 


First Nat'l Bank, Boston, 


1,000 


1,855 00 


1,855 00 



ATHOL SAVINGS BANK — ATHOL. 

Incorporated February 12, 1867. Number of corporators, 36. 

Chas. C. Bassett, President. Treasurer, Alpheus Harding. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$805,695 99 
6,038 49 
3,937 50 



Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Loans to banks on interest, 
Expense account, 
Cash on hand, . 



$815,671 98 



$70,000 00 

3,200 00 

18,200 00 

26,050 00 

1,684 39 

441,235 00 

147,395 23 

81,680 00 

25,000 00 

691 61 

535 75 

$815,671 98 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $3,200, 



5,200 00 



Loans on Bank Stock — amount on each : 

On 10 shares Athol National Bank, $900 00 

On 100 shares South Reading National Bank, 10,000 00 

On 152 shares Miller's River National Bank, 14,950 00 

On 3 shares Orange National Bank, 200 00 

Cash on deposit in Banks : 

Miller's River National Bank, $25,000 00 



16 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Whole amount of interest or profits received or earned, . 

Eate and amount of each semi-annual dividend "> 2-| per cent., . ( 

for the previous year, ) 2% per cent., . ( 

Times for the dividends fixed "by the by-laws : January and July. 
Amount of real estate acquired by foreclosure, .... 

Estimated value of the same, 

The total amount of loans with each specified ra,te of interest : 
$75,200, 5 per cent. ; $151,234.15, 6 per cent. ; $546,326.08, 6$ per 
cent. ; $10,000, 7 per cent. ; $5,000, 7 T 3 ^ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 438 

Aggregate amount of the same, 

Number of open accounts, 2,727 

Number and am't of deposits received for the previous year, 6,577 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 135 
Number and amount of withdrawals, .... 1,383 
Number of accounts opened during the previous year, . . 450 
Number of accounts closed during the previous year, . . 386 
Amount of the expenses of the corporation during the previous 



$50,075 03 
18,594 25 
19,034 40 

1,684 39 
1,684 39 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 10. 



347,676 08 

172,827 32 

73,558 09 
132,502 21 



$2,409 15 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$10,000 


$12,100 00 


$10,000 00 


City and Town Be 
Cambridge, 
Lynn, 

Portland, Me., 
Meriden, Conn., 
Hyde Park, 
Newton, . 
Charlestown, . 


>nds- 






$10,000 
10,000 

5,000 
10,000 

5,000 
10,000 
10,000 


$10,875 00 
11,000 00 

5,375 00 
10,600 00 

5,350 00 
10,300 00 
10,250 00 


$10,000 00 
10,000 00 

5,000 00 
10,000 00 

5,000 00 
10,000 00 
10,000 00 



Bank Stock. 



Blackstone Nat'l Bank, Boston, 


$1,500 


$1,608 75 


$1,500 00 


Central Nat'l Bank, Boston, . 


5,000 


4,856 25 


5,000 00 


Eliot Nat'l Bank, Boston, 


1,000 


1,080 00 


1,000 00 


Eagle Nat'l Bank, Boston, 


5,000 


5,400 00 


5,000 00 


First Nat'l Bank, Barre, . 


3,000 


3,900 00 


3,000 00 


Miller's River Nat'l Bank, Athol, . 


2,700 


4,320 00 


2,700 00 



1878.] 



PUBLIC DOCUMENT— No. 8. 



17 



ATTLEBOROUGH SAVINGS BANK — NORTH ATTLEBOROUGH. 

Incorporated February 2, 1860. Number of corporators, 73. 
Abiel Codding, Jr., President. Treasurer, Edward R. Price. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$303,839 39 
2,872*98 
3,300 00 


Public funds, .... 
Real estate, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

•Expense account, 

Cash on hand, .... 


$14,000 00 

1,412 19 

209,504 00 

61,124 00 

20,500 00 

83 33 

3,388 85 




$310,012 37 


$310,012 37 



Amount invested in real estate, 
Estimated value of real estate, 



£1,412 19 
1,500 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2i per cent., 

for the previous year, } 2£ per cent., 

Times for the dividends fixed by the by-laws : April and October, 

Tuesday after second Monday. 
The total amount of loans with each specified rate of interest: 

$142,750, 6 per cent. ; $138,148, 7 per cent. ; $10,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 185 

Aggregate amount of the same, 

Number of open accounts, 1,040 

Number and am't of deposits received for the previous year, . 581 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 49 

Number and amount of withdrawals, 547 

Number of accounts opened during the previous year, . . 116 
Number of accounts closed during the previous year, . . 117 
Amount of the expenses of the corporation during the previous 



;{ 



$22,025 50 
7,087 6Q 
7,260 91 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 22. 



169,598 00 

59,448 70 

30,327 36 
71,288 11 



1,332 36 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 



$14,000 



$15,067 50 



$14,000 00 



18 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BABNSTABLE SAVINGS BANK — BARNSTABLE.* 

Incorporated January 29, 1831. Number of corporators, 82. 

Nathan Crocker, President. Treasurer, Gustavus A. Hinckley. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,291,302 05 


Loans on public funds, . 


$800 00 


Guarantee fund, 


3,476 03 


Bank stock, .... 


251,565 00 


Suspense acct., . 


1,750 00 


Loans on bank stock, 


1,250 00 






Real estate, .... 


4,000 00 






Real estate by foreclosure, 


134,687 00 






Loans on real estate, 


626,531 50 






Loans on personal security, . 


235,392 68 






Deposit in banks on interest, . 


15,863 95 






Expense account, 


2,746 27 






Accrued interest, 


22,400 96 






Cash on hand, .... 


1,290 72 


4 


$1,296,528 08 


$1,296,528 08 



Loans on Public Funds — amount on each : 

On United States 5-20 $1,000 bond, $800 00 

Loans on Bank Stock — amount on each : 

On 10 shares Fall River Nat'l Bank, $1,000 00 

On 4 shares Revere Nat'l Bank, Boston, 250 00 

Amount invested in real estate, $4,000 00 

Estimated value of real estate, . 4,000 00 

Amount of real estate held by foreclosure, 134,687 00 

Estimated value, 120,550 00 

Cash on deposit in Banks : 

Traders' Nat'l Bank, Boston, . . $15,863 95 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ") 2£ per cent., 
for the previous year, . . „ . . ) 2 per cent., 

Times for the dividends fixed by the by-laws : first Wednesday of 
January and July. 

The total amount of loans with each specified rate of interest: 
$100,311, 6 per cent. ; $20,310.95, 6£ per cent. ; $480,732.73, 7 per 
cent. ; $7,000, 1^ per cent. ; $82,300, 7J per cent. ; $158,319.50, 8 
per cent. ; $15,000, 10 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 356 

Aggregate amount of the same, 

Number of open accounts, ....... 3,245 

Number and am't of deposits received for the previous year, . 460 



:{ 



$63,143 33 
34,640 70 

27,245 58 



244,754 68 



58,063 98 



* Temporarily enjoined by a decree of the Supreme Judicial Court, September 28, 1877. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



19 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 65 
Number and amount of withdrawals, .... 2,081 
Number of accounts opened during the previous year, . .112 
Number of accounts closed during the previous year, . . 344 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, May 10. 



$35,105 94 
233,722 47 



4,679 63 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston, . 
Massachusetts Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 
North American Nat'l Bank, Boston 
New England Nat'l Bank, Boston, 
North Nath'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Union Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Old Colony Nat'l Bank, Plymouth, 
Bay State Nat'l Bank, Lawrence, 
First Nat'l Bank, Yarmouth, . 



$5,500 
1,000 

27,400 
6,600 
4,300 
5,000 

20,100 
1,000 

11,900 
3,500 
1,600 
2,000 
1,000 
7,700 
6,250 
6,400 
1,500 

12,000 
2,500 
3,500 

10,000 

20,000 

15,800 

3,300 

300 

4,100 

3,600 

24,000 
3,000 
8,500 
3,700 
6,000 
1,500 

15,600 



$7,315 00 
1,155 00 

29,386 50 
7,540 50 
4,955 75 
5,100 00 

21,306 00 
1,080 00 

12,852 00 
3,850 00 
1,892 00 
2,252 50 

1.120 00 
8,200 50 
6,875 00 
8,568 00 
1,516 87 

13,020 00 
3,356 25 

4.121 25 
10,900 00 
26,100 00 
18,644 00 

4,628 25 

326 25 

4,961 00 

3,699 00 

26,520 00 
4,080 00 
8,691 25 
4,856 25 
7,800 00 
1,800 00 

21,840 00 



00 
00 
00 
00 
00 



$5,500 00 

1,000 00 
27,400 00 

6,600 00 

4,300 00 

5,000 00 
20,355 00 

1,000 00 
11,900 00 

3,500 00 

1,600 

2,000 

1,000 

7,700 

6,250 

6,400 00 

1,575 00 
12,000 00 

2,500 00 

3,500 00 
10,000 00 
20,000 00 
16,343 75 

3,300 00 
300 

4,100 

3,663 
24,478 

3,000 

8,500 

3,700 

6,000 00 

1,500 00 
15,600 00 



00 
00 
00 
25 
00 
00 
00 



20 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BARRE SAVINGS BANK — BARRE. 

Incorporated May, 1869. Number of corporators, 55. 
Charles Bremblecoh, President. Treasurer, Edwin - "Woods. 

Statement. 



LIABILITIES. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$324,674 06 

6,608 14 

'810 00 


Public funds, 

Bank stock, 

Railroad bonds, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to banks on interest, 

Expense account, 




$7,470 00 

148,963 41 

6,060 00 

5,000 00 

124,568 67 

30,260 48 

9,763 34 

6 30 




$332,092 20 






$332,092 20 



Amount invested in real estate, ........ $5,000 00 

Estimated value of real estate, 6,000 00 

Cash on deposit in Banks : 

First Nat'l Bank, Barre, $9,763 34 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ] 2\ per cent., 

for the previous year, > 2\ per cent., 

Times for the dividends fixed by the by-laws : January and July 15. 
The total amount of loans with each specified rate of interest : 
$20,000, 6 per cent. ; $105,068.47, 7 per cent. ; $10,460.48, 7| per 
cent. ; $19,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 71 

Aggregate amount of the same, . . 

Number of open accounts, 1,017 

Number and am't of deposits received for the previous year, . 509 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 28 

Number and amount of withdrawals, 510 

Number of accounts opened during the previous year, . . 113 
Number of accounts closed during the previous year, . . 170 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 28. 



:{ 



$20,078 37 
7,602 82 
7,683 04 



69,629 15 
54,206 10 

16,113 04 

48,475 74 



950 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



21 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City Bonds — 








City of Portland, .... 


• $4,000 


$4,080 00 


$4,000 00 


of Bangor, .... 


4,000 


4,140 00 


3,470 00 


Bank Stock. 


Atlantic Nat'l Bank, Boston, . 


$1,000 


$1,330 00 


$1,262 00 


Atlas Nat'l Bank, Boston, 


1,200 


1,386 00 


1,469 00 


Blackstone ISTat'l Bank, Boston, 


5,600 


6,006 00 


7,122 59 


Boylston Nat'l Bank, Boston, . 


2,000 


2,350 00 


2,785 33 


Boston Nat'l Bank, Boston, 


6,400 


7,312 00 


7,975 27 


Commerce Nat'l Bank, Boston, 


4,200 


4,431 00 


5,274 50 


Continental ISTat'l Bank, Boston, 


1,700 


1,717 00 


2,018 56 


Eliot ISTat'l Bank, Boston, 


2,500 


2,700 00 


2,991 00 


Exchange Nat'l Bank, Boston, 


1,800 


2,880 00 


2,977 50 


First Nat'l Bank, Boston, 


7,000 


12,950 00 


12,616 25 


Hide and Leather Nat'l B'k, Boston, 


2,500 


2,800 00 


2,912 70 


Howard ISTat'l Bank, Boston, . 


6,200 


6,975 00 


6,755 65 


Mechanics' Nat'l Bank, Boston, 


2,800 


3,710 00 


3,500 00 


North America Nat'l Bank, Boston, 


2,500 


2,712 50 


2,718 75 


Redemption Nat'l Bank, Boston, 


4,600 


5,980 00 


6,263 50 


Revere Nat'l Bank, Boston,* . 


1,200 


1,308 00 


1,485 00 


Suffolk Nat'l Bank, Boston, . 


3,000 


3,660 00 


3,753 75 


Second ISTat'l Bank, Boston, 


3,400 


4,768 50 


5,032 35 


Shoe and Leather Nat'l Bank, Boston, 


2,000 


2,160 00 


2,800 00 


Merchants' ISTat'l Bank, Boston, 


5,000 


6,250 00 


6,950 00 


Maverick Nat'l Bank, Boston, . 


3,400 


5,100 00 


4,248 72 


Tremont Nat'l Bank, Boston, . 


6,100 


6,710 00 


7,837 25 


Webster Nat'l Bank, Boston, . 


3,300 


3,366 00 


3,462 63 


"Ware Nat'l Bank, Ware, . 


900 


1,125 00 


1,096 25 


Market Nat'l Bank, Brighton, . 


5,000 


8,250 00 


8,660 00 


Old Boston Nat'l Bank, Boston, 


7,000 


4,340 00 


5,407 50 


First Nat'l Bank, Worcester, . 


2,000 


2,900 00 


2,700 00 


Central Nat'l Bank, Worcester, 


5,500 


7,150 00 


8,050 00 


City ISTat'l Bank, Worcester, . 


5,000 


6,200 00 


6,830 00 


Citizens' Nat'l Bank, Worcester, 


2,100 


2,604 00 


2,960 00 


Barre ISTat'l Bank, Barre, 


7,400 


9,620 00 


10,042 00 


Raluro 


ad Bonds. 






Rutland Railroad bonds, . 


$1,000 


$700 00 


$860 00 


Eastern Railroad bonds, . 


5,000 


2,512 50 


5,200 00 



22 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BASS RIVER SAYINGS BANKS— SOUTH YARMOUTH. 

Incorporated April 20, 1874. Number of corporators, 30. 

David Kelley, President. Treusurer, David D. Kelley. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$229,272 82 


Public funds, .... 


$2,000 00 


Earnings, undivided, 


2,811 40 


Loans on public funds, 


800 00 


Guarantee fund, 


623 20 


Bank stock, . , 


114,893 62 


Bills payable, . 


20,000 00 


Loans on bank stock, 


300 00 






Railroad bonds, ... 


10,436 45 






Loans on real estate, 


33,325 00 






Loans on personal security, . 


82,056 73 






Loans to counties, cities, or 








towns, 


5,500 00 






Deposit in bank on interest, . 


762 78 






Cash on hand, .... 


2,632 84 


* 


$252,707 42 


$252,707 42 



Loans on Public Funds — amount on each : 
On United States bond, par value, $1,000, . 

Loans on Bank Stock — amount on each : 
On 3 shares First Nat'l Bank, Yarmouth, . 



$800 00 
$300 00 



Cash on deposit on Banks : 
First Nat'l Bank, Yarmouth, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend J 2| per cent., 

for the previous year, J 2 percent., 

Times for the dividends fixed by the by-laws : April 1 and Octo- 
ber 1. 
The total amount of loans with each specified rate of interest: 
per cent., $87,831.73; 6^ per cent., $900,00; 7 per cent., $33,250. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 134 

Aggregate amount of the same, 

Number of open accounts, 894 

Number and am't of deposits received for the previous year, . 600 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 99 

Number and amount of withdrawals, 508 

Number of accounts opened during the previous year, . . 177 
Number of accounts closed during the previous year, . . 143 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, August 25. 



$762 78 

$14,256 30 

5,187 92 
4,543 13 



$79,481 73 

92,822 33 

56,556 35 
79,550 71 



794 45 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



23 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Somerville, . 


. 


$2,000 


$2,060 00 


$2,000 00 


Bank Stock. 



Citizens' Nat'l Bank, New Bedford, 
First Nat'l Bank, New Bedford, 
First Nat'l Bank, Yarmouth, . 
Everett Nat'l Bank, Boston, . 
Nat'l Bank of Redemption, Boston 
Faneuil Hall Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, . 
Suffolk Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Nat'l Bank of Commerce, Boston, 
Manufacturers' Nat'l Bank, Boston, 
Nat'l Bank of No. America, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Old Boston Nat'l Bank, Bostdh, 
Nat'l Revere Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Republic Nat'l Bank, Boston, . 
Mt. Vernon Nat'l Bank, Boston, 
Third Nat'l Bank, Boston, . 



$2,000 
2,400 
1,500 
7,000 
5,000 
3,000 
4,000 
5,600 
5,000 
4,900 
1,000 
4,500 
2,000 
2,500 
2,100 
1,100 
2,000 
700 
500 
1,000 
5,000 
8,600 

13,700 
2,500 
1,200 



$1,985 00 
2,586 00 
2,100 00 
7,630 00 
6,512 50 
3,907 50 
4,500 00 
7,497 00 
8,250 00 
6,872 25 
1,210 00 
5,197 
2,120 
2,475 
2,278 
1,189 
2,170 
889 
546 
1,062 
5,056 
9,503 00 

17,878 50 
2,912 50 
1,336 00 



50 
00 
00 
50 
37 
00 
00 
25 
50 
25 



$2,025 00 
2,905 25 
2,194 00 
8,463 00 
7,212 50 
4,170 00 
5,100 00 
8,097 00 
9,050 00 
7,672 25 
1,200 
5,713 
2,570 
2,675 
2,436 
1,354 
2,370 
1,064 
555 
1,152 
5,062 
9,823 75 

17,580 75 
3,115 00 
1,332 00 



00 
75 
00 
00 
00 
37 
00 
00 
00 
50 
50 



Railroad Bonds. 



Old Colony Railroad bonds, 7s, 
" " " 6s, 

New Bedford Railroad bonds, 7s, 



$4,000 
3,000 
3,000 



&M05 00 
3,060 00 
2,850 00 



$4,210 00 
3,128 50 
3,097 95 



24 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BENJAMIN FRANKLIN SAVINGS BANK — FRANKLIN. 

Incorporated February 20, 1871. Number of corporators, 37. 
Davis Thayer, Jr., President. Treasurer, Chas. "W. Stewart. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$247,875 00 
4,521 89 
1,789 77 


Public funds, 

Bank stock, 

Railroad bonds, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Deposit in bank on interest, 

Expense account, 

Furniture, .... 

Cash on band, . 




$21,223 50 

54,326 12 

2,043 33 

3,000 00 

143,452 80 

21,540 00 

4,028 99 

371 00 

562 31 

244 63 

3,393 98 


• 


$254,186 66 






$254,186 66 



Real estate acquired by foreclosure, 

Estimated value of the same, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 
for the previous year, . . . . j 2£ per cent. , 

Times for the dividends fixed by the by-laws : January and July. 



:{ 



$3,000 00 
4,000 00 

14,234 31 
5,415 73 
5,460 82 



Cash on deposit in Banks : 
New England Trust Company, . . . . . . . . $4,028 99 

The total amount of loans with each specified rate of interest: 
$1,000, 5 per cent. ; $159,102.80, 7 per cent. ; $4,500, 7£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars, 163 

Aggregate amount of the same, . . . . . . . . 125,592 80 

Number of open accounts, --. 1,197 

Number and am't of deposits received for the previous year, 726 66,312 99 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . .61 34,465 98 

Number and amount of withdrawals, 569 52,167 37 

Number of accounts opened during the previous year, . . 200 
Number of accounts closed during the previous year, . 116 

Amount, of the expenses of the corporation during the previous 

year, . . . , 1,381 27 

Amount of the treasurer's bonds, . .... 5,000 00 

Date of examination by the Commissioner, December 14. 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



25 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 4|s, . 


$16,000 


$16,800 00 


$16,312 50 


City Bonds — 








City of Bath, Me., . 


$2,000 


$2,000 00 


$1,815 00 


of Lewiston, Me., . 


3,000 


3,000 00 


3,096 00 


Bank Stock. 


Wrentham Nat'l Bank, "Wrentham, 


$1,260 


$1,620 00 


$1,620 00 


Franklin Nat'l Bank, Franklin, 


12,900 


14,835 00 


15,255 00 


Tremont Nat'l Bank, Boston, . 


3,100 


3,348 00 


3,902 37 


Hide and Leather Nat'l Bank, Boston, 


900 


999 00 


1,032 75 


Howard Nat'l Bank, Boston, . 


2,500 


2,825 00 


2,902 50 


Washington JSTat'l Bank, Boston, 


2,300 


3,059 00 


3,266 00 


Eliot Nat'l Bank, Boston, 


7,000 


7,700 00 


8,887 50 


Market IsTat'l Bank, Boston, . 


1,000 


1,080 00 


1,100 00 


Revere Nat'l Bank, Boston, 


2,100 


2,147 00 


2,544 00 


Commerce Nat'l Bank, Boston, 


3,700 


3,148 00 


4,744 00 


Shoe and Leather ISTat'l Bank, Boston, 


800 


912 00 


1,137 00 


Columbian ISTat'l Bank, Boston, 


1,400 


2,016 00 


1,845 00 


No. America Nat'l Bank, Boston, . 


1,500 


1,680 00 


1,680 00 


Hamilton ISTat'l Bank, Boston, 


3,000 


3,360 00 


3,790 00 


Continental ISTat'l Bank, Boston, 


500 


510 00 


602 00 


Railroad Bonds. 


Eastern Railroad bonds, . 


$2,000 


$1,005 00 


$2,043 33 



26 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BERKSHIRE COUNTY SAVINGS B AM — PITTSFIELD. 

Incorporated 1847. Number of corporators, 46. 

Julius Rockwell, President. Treasurer, Robert W. Adams. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,864,438 67 

21,020 10 
5,000 00 


Public funds, .... 
Loans on public funds, . 
Bank stock, .... 
Loans on bank stock, 
Railroad bonds, 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Expense account, 

Cash on band, .... 


$335,000 00 

2,000 00 

100,620 00 

37,560 00 

10,000 00 

86,283 40 

863,763 97 

283,724 74 

147,300 00 

4,962 00 

19,244 66 




$1,890,458 77 


$1,890,458 77 



Loans on Public Funds — amount on each : 
On $2,000 United States bonds, . 



$2,000 00 



Loans on Bank Stock — amount on each : 
On 34 shares Agricultural National Bank, Pittsfield, 
On 321 shares Pittsfield National Bank, Pittsfield, . 
On 10 shares of First National Bank of Adams, 



$3,900 00 

32,660 00 

1,000 00 



Amount of real estate held by foreclosure, $86,283 40 

Estimated value of same, 84,950 00 

Cash on deposit in banks : 

Agricultural National Bank, $7,527 13 

Pittsfield National Bank, 9,229 75 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, ) 2£ per cent. , 

Times for the dividends fixed by the by-laws : January and July. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend, 6£ per cent. 

The total amount of loans with each specified rate of interest: 
$2,000, 5 per cent. ; $10,700, 6 per cent. ; $1,321,648.71, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 347 

Aggregate amount of the same, . . . . . 

Number of open accounts, 5,612 

Number and am't of deposits received for the previous year, 3,578 



:i 



$119,265 02 
45,082 09 
44,694 54 



,908 71 



321,934 42 



1878.] 



PUBLIC DOCUMENT — No. 8. 



27 



Number and amount of deposits of, and exceeding, tbree hundred 

dollars at any one time for the previous year, . . . 241 $127,279 65 
Number and amount of withdrawals, .... 4,539 420,693 21 
Number of accounts opened during the previous year, . . 899 
Number of accounts closed during the previous year, . . 812 
Amount of the expenses of the corporation during the previous 

year, 6,090 12 

Amount of treasurer's bonds, 50,000 00 

Date of examination by Commissioner, June 6. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 
State bonds — Connecticut, 



$330,000 

$5,000 



$349,800 00 
$5,300 00 



$330,000 00 
$5,000 00 



Bank Stock. 



Howard Nat'l Bank, Boston, . 


$3,200 


$3,584 00 


$3,200 00 


Shawmut Nat'l Bank, Boston, . 


2,000 


2,360 00 


2,000 00 


Blackstone Nat'l Bank, Boston, 


5,500 


5,885 00 


5,500 00 


North Nat'l Bank, Boston, * . 


3,500 


4,095 00 


3,500 00 


Boston Nat'l Bank, Boston, 


10,000 


11,400 00 


10,000 00 


Merchants' Nat'l Bank, Boston, 


6,800 


9,000 00 


6,800 00 


Atlantic Nat'l Bank, Boston, . 


4,500 


6,000 00 


4,500 00 


Revere Nat'l Bank, Boston, 


16,000 


17,440 00 


16,000 00 


Eagle Nat'l Bank, Boston, 


8,000 


8,640 00 


8,000 00 


Webster Nat'l Bank, Boston, . 


8,000 


8,160 00 


8,000 00 


Commerce Nat'l Bank, Boston, 


8,000 


8,400 00 


8,000 00 


Hide and Leather Nat'l B'k, Boston, 


2,500 


2,800 00 


2,500 00 


Hadley Falls Nat'l B'k, So. Hadley, 


2,000 


3,100 00 


2,000 00 


Chicopee Nat'l Bank, Springfield, . 


6,000 


8,400 00 


6,000 00 


Lee Nat'l Bank, Lee, 


6,720 


7,500 00 


6,720 00 


Pittsfield Nat'l Bank, Pittsfield, 


4,500 


6,075 00 


4,500 00 


Agricultural Nat'l Bank, Pittsfield, . 


3,200 


5,440 00 


3,200 00 


Adams Nat'l Bank, North Adams, . 


200 


250 00 


200 00 



Railroad Bonds. 



Worcester and Nashua R.R. bonds, 




$10,100 00 



$10,000 00 



28 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BEVERLY SAYINGS BANK — BEVERLY. 

Incorporated February, 1867. Number of corporators, 26. 
William Exdicott, President. Treasurer, R. G. Be:ntst:tt. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$516,972 16 


Public funds 


$10,793 75 


Earnings, undivided, 


3,015 92 


Loans on public funds, 


200 00 


Guarantee fund, 


1,926 02 


Bank stock, .... 


165,431 98 






Loans on bank stock, 


6,400 00 






Railroad bonds, 


1,500 00 






Real estate bv foreclosure, 


16,452 64 






Loans on real estate, 


303,293 29 






Loans on personal security, . 


9,150 00 






Expense account, 


1 10 






Cash on hand, .... 


8,688 34 




§521,914 10 


$521,914 10 



Loans on Public Funds — amount on each : 
On United States bonds, 5-20, par value, $500, . 



$200 00 



Loans on Bank Stock — amount on each: 

On 60 shares Beverly National Bank, Beverly, $5,900 00 

Danvers Savings Bank book, 500 00 

Amount real estate by foreclosure, $16,452 64 

Estimated value of real estate, 16,500 00 

Cash on deposit in Banks : 

Beverly National Bank, Beverly, . . . . . . . . $8,688 34 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, j 2£ per cent., 

Times for the dividends fixed by the by-laws : fourth Wednesday 

of April and October. 
The total amount of loans with each specified rate of interest: 

$319,043.29, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 289 

Aggregate of the same, 

Number of open accounts, 1,830 

Number and am't of deposits received for the previous year, 4,509 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 46 
Number and amount of withdrawals, .... 1,068 

Number of accounts opened during the previous year, . . 157 
Number of accounts closed during the previous year, . . 197 



:! 



$33,594 59 
12,305 83 

12,327 00 



272,868 29 

80,200 75 

26,580 91 
91,013 '53 



1878.] PUBLIC DOCUMENT — No. 8. 29 

Amount of the expenses of the corporation during the previous 

year, $999 60 

Amount of treasurer's bonds, 15,000 00 

Date of examination by Commissioner, September 11. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 10-40, 5s, . 
United States new 5s, 


• 


$5,000 
5,000 


$5,400 00 
5,350 00 


$5,400 00 
5,393 75 


Bank Stock. 



Atlas Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Hide and Leather Nat'l Bank, Boston 
Republic Nat'l Bank, Boston, . 
Freeman's Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
Traders' Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 
First Nat'l Bank, Lynn, . 
Nat'l Grand Bank, Marblehead, 
Asiatic Nat'l Bank, Salem, 
Nat'l Exchange Bank, Salem, . 
First Nat'l Bank, Salem, . 
Mercantile Nat'l Bank, Salem, 
Merchants' Nat'l Bank, Salem, 
Salem Nat'l Bank, Salem, 
Beverly Nat'l Bank, Beverly, . 



$5,000 

10,000 
5,000 
5,000 
5,000 

10,000 
5,000 
5,000 
5,000 
5,000 
5,000 
6,000 
5,000 

10,000 
5,000 
5,000 
5,000 
1,800 
1,380 
3,300 
3,700 
3,700 
200 
5,000 

19,700 



00 
00 
00 
00 
00 
00 
50 
00 
00 
00 
50 



$5,775 
11,525 

5,100 

5,400 

5,450 
11,000 

5,887 

5,625 

5,600 

6,525 

5,412 

6,150 00 

6,000 00 
10,275 00 

5,525 00 

5,075 

5,800 

1,980 

1,932 

3,894 

4,588 

4,292 
284 

5,900 



00 
00 
00 
00 
00 
00 
00 
00 
00 



23,640 00 



$5,954 87 

11,202 50 
5,581 25 
5,864 50 
5,994 00 

12,301 99 
6,032 62 
5,398 62 
5,855 50 
6,480 00 
5,652 25 
6,000 00 
7,044 00 

11,025 75 
6,137 50 
5,403 
5,958 
2,021 
1,912 
4,135 
4,829 
4,223 
273 
5,768 



00 
50 
00 
25 
00 
88 
25 
25 
50 



24,374 50 



Railroad Bonds. 



Eastern Railroad bonds, 




$1,515 00 



$1,500 00 



30 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BOSTON" FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated April 7, 1854. Number of corporators, 50. 
Alonzo H. Evans, President. Treasurer, Curtis C. Nichols. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$13,560,278 87 


Public funds, .... 


$2,768,000 00 


Earnings, undi- 




Loans on public funds, . 


80,859 24 


vided, 


215,911 04 


Bank stock, .... 


392,987 50 


Guarantee fund, 


51,101 38 


Loans on bank stock, 


104,100 00 






Railroad bonds, 


240,000 00 






Real estate, . . . 


139,018 61 






Real estate acquired by fore- 








closure, 


226,720 10 






Loans on real estate, 


7,417,228 26 






Loans on personal security, . 


807,795 00 






Loans to towns, 


718,000 00 






Loans to banks on interest, . 


754.856 06 






Expense account, 


20,784 62 






Accrued interest, 


139,494 61 






Cash on band, .... 


17,450 29 




813,827,291 29 


$13,827,294 29 



Loans on Public Funds — amount on each : 
On United States bonds, $82,800, 



,859 24 



Loans on Bank Stock — amount on each : 
On 212 shares Safety Fund National Bank, Fitchburg, 
On 372 shares Maverick National Bank, Boston, 
On 40 shares First National Bank, Chelsea, 
On 450 shares City National Bank, Boston, 
On 54 shares Tremont National Bank, Boston, 



Amount invested in real estate, 
Estimated value of real estate, . 
Amount of real estate held by foreclosure, 
Estimated value of the same, 



$19,000 00 

37,200 00 

3,500 00 

39,600 00 

4,800 00 

$139,018 61 
175,000 00 
226,720 10 
270,000 00 



Cash on deposit in Banks : 
Continental National Bank, Boston, . 
Commonwealth National Bank, Boston, . 
Maverick National Bank, Boston, 
Exchange National Bank, Boston, 
Hide and Leather National Bank, Boston, 
Central National Bank, Boston, 
Merchandise Bank, Boston, 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 2| per cent 

for the previous year, ) 2 per cent 



$100,304 27 

201,388 76 

183,167 43 

30,340 28 

100,532 06 

51,390 33 

87,732 93 

$827,822 24 
( 320,587-91 
1 256,604 84 



1878.] 



PUBLIC DOCUMENT — No. 8. 



31 



Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend, for five years, 7 
per cent. 
The total amount of loans with each specified rate of interest: 
$50,000, Si per cent. ; $200,000, 3f per cent. ; $342,000, 4 per 
cent. ; $222,600, 4f per cent.; $436,859.24, 5 per cent. ; $2,507,795, 
6 per cent.; $56,000, 6i per cent.; $14,944.50, 6£ per cent.; 
$150,000, 6| per cent. ; $25,000, 6f per cent. ; $2,217,311.60, 7 per 
cent. ; $1,649,966.66, 7 T 3 ¥ per cent, 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 326 

Aggregate amount of the same, $616,609 24 

Number of open accounts, '73,798 

Number and am't of deposits received for the previous year, 53,819 3,505,789 12 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . 2,179 1,172,917 00 
Number and amount of withdrawals, .... 51,347 3,489,854 46 

Number of accounts opened during the previous year, . 8,421 
Number of accounts closed during the previous year, . 7,074 

Amount of the expenses of the corporation during the previous 

year, 40,421 19 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, April 26. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4is, 

" " " currency, 6s, . 


$800,000 
500,000 


$836,000 00 
595,000 00 


$800,000 00 
500,000 00 


State bonds — Maine, 


$50,000 


$55,750 00 


$50,000 00 


City Bonds — 
City of Boston, 
of Salem, . 
of Cambridge, 
of Chelsea, 
of Somerville, 
of Newton, 
of Fall River, 
of Lynn, . 








$419,000 

100,000 

40,000 

221,000 

378,000 

100,000 

75,000 

85,000 


$448,760 00 

101,500 00 

41,400 00 

225,610 00 

381,180 00 

100,000 00 

75,000 00 

85,000 00 


$419,000 00 

100,000 00 

40,000 00 

221,000 00 

378,000 00 

100,000 00 

75,000 00 

85,000 00 



32 



BANK COMMISSIONERS' REPORT. 

Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Third Nat'l Bank, Springfield, 
Boston Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Republic Nat'l Bank, Boston, . 
Second Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Shavrmut Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Continental Nat'l Bank, Boston, 
Rockland Nat'l Bank, Boston, 
Washington JSTat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
Commonwealth Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 



$10,000 
15,000 
32,500 
15,000 
12,000 
25,000 
54,900 
17,100 
10,000 
29,500 
10,000 
20,000 
15,000 
20,000 
30,000 
4,700 
7,500 
28,000 
16,500 
20,000 



$15,400 00 
16,950 00 
36,075 00 
19,500 00 
16,680 00 
46,000 00 
58,194 00 
20,007 00 
11,700 00 
32,302 50 
10,050 00 
28,400 00 
19,575 00 
22,200 00 
32,700 00 
6,204 00 
7,500 00 
29,540 00 
17,242 50 
20,300 00 



$10,000 00 
15,287 50 
32,500 00 
15,000 00 
12,000 00 
25,000 00 
54,900 00 
17,100 00 
10,000 00 
29,500 00 
10,000 00 
20,000 00 
15,000 00 
20,000 00 
30,000 00 
4,700 00 
7,500 00 
28,000 00 
16,500 00 
20,000 00 



Railroad Boxds. 



Old Colony Railroad bonds, 
Eastern Railroad bonds, . 



$100,000 
140,000 



$103,000 00 
71,000 00 



$100,000 00 
140,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



33 



BOSTON PENNY SAVINGS BANK — BOSTON. 

Incorporated 1861. Number of corporators, 100. 
Eben Howes, President. Treasurer, Henry R. Raymond. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,072,856 88 

11,687 97 
4,147 70 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, 

Loans on real estate, 

Loans an personal security, 

Deposit in banks on interest, 

Expense account, 

Taxes, . . ... 

Interest, .... 

Cash on band, . 




$58,750 00 

350 00 

73,646 62 

4,550 00 

5,012 50 

116,000 00 

576,650 00 

158,900 00 

74,579 72 

396 30 

1,179 00 

12,877 75 

5,800 66 




$1,088,692 55 








$1,088,692 55 



Loans on Public Funds — amount on each : 
On United States bond, par value, $500, . 

♦ 
Loans on Bank Stock — amount on each: 
On 54 shares Everett National Bank, 
On 5 shares Mechanics' National Bank, . 



$350 00 



1,050 00 
500 00 



Amount invested in real estate, $116,000 00 

Estimated value of real estate, 105,000 00 



Cash on deposit in Banks : 
National Hide and Leather Bank, Boston, 
Everett National Bank, Boston, 
Maverick National Bank, Boston, 



$2,157 71 

4,463 68 

67,958 33 



:{ 



:,662 16 
20,562 95 
20,288 65 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2 per cent., . 

for the previous year, ) 2 per cent., . 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$40,000, 4 per cent. ; $65,000, 5 per cent. ; $138,400, 6 per cent. ; 

$37,000, 6£ per cent. ; $282,800, 7 per cent. ; $135,250, 7£ per cent. ; 

$42,000, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 30 

Aggregate amount of the same, 53,000 00 



34 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts, . . . . . . . 6,946 

Number and am't of deposits received for tbe previous year, 5,253 $236,315 30 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 127 
Number and amount of withdrawals, .... 4,516 
Number of accounts opened during the previous year, . . 702 
Number of accounts closed during the previous year, . 1,093 

Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioners, March 2. 



69,359 37 
301.505 71 



6,486 02 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$50,000 


$54,275 00 


$58,750 00 


Bank Stock. 



Everett Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston, 
No. America Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Fourth Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 



$15,000 
10,000 
3,000 
5,000 
1,200 
2,500 
5,000 
5,000 
5,000 
4,100 
3,100 
1,100 
3,300 
2,200 



$16,350 00 


11,200 00 


3,255 


00 


5,775 


00 


1,188 


00 


3,346 


88 


5,300 


00 


4,262 


50 


5,712 


50 


4,530 


50 


4,123 


00 


1,196 


25 


3,374 25 


4,075 


50 



$15,000 00 
10,000 00 
3,166 50 
5,771 87 
1,296 00 
3,525 00 
6,350 00 
5,000 00 
6,200 00 
4,527 75 
4,220 
1,224 
3,338 
4,026 



50 
50 
50 
00 



Railroad Bonds. 



Boston and Maine R.R. bonds, 7s, . 




$5,500 00 



$5,012 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



35 



BRAINTREE SAVINGS BANK — SOUTH BRAINTREE. 

Incorporated March 21, 1870. Number of corporators, 23. 
E. A. Hollingsworth, President. Treasurer, C. H. Hobart. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$77,925 64 


Public funds, .... 


$4,178 50 


Earnings, undivided, 


4,507 01 


Bank stock, .... 


8,718 25 


Guarantee fund, 


188 86 


Railroad bonds, 


942 84 






Real estate by foreclosure, 


4,462 66 






Loans on real estate, 


54,375 00 






Loans on personal security, . 


1,100 00 






Loans to counties, cities, or 








towns, 


1,500 00 






Deposits in banks on interest, 


3,889 07 






Expense account, 


3,093 19 






Cash on hand, ...... 


362 00 




$82,621 51 


$82,621 51 



Amount of real estate held by foreclosure, 
Estimated value, 



Cash on deposit in Banks : 
Shawmut National Bank, Boston, 



Whole amount of interest or profits received or earned , . 
Rate and amount of each semi-annual dividend > 1\ per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 
$3,090, 5 per cent. ; $2,588.50, 6 per cent. ; $14,600, 7 per cent. ; 
$38,375, 7£ per cent. ; $2,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 50 

Aggregate amount of the same, 

Number of open accounts, 356 

Number and am't of deposits received for the previous year, . 210 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 19 
Number and amount of withdrawals, . . . . .188 
Number of accounts opened during the previous year, . . 46 
Number of accounts closed during the previous year, . . 58 
Amount of the expenses of the corporation during the previous 



:{ 



year, 



$4,462 66 
4,000 00 



£3,889 07 

£4,844 37 
1,777 83 
1,794 45 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, May 26. 



54,563 50 

22,944 71 

10,482 21 
20,623 31 



229 00 
5,000 00 



36 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Fall River, .... 
of New Bedford, 


$1,000 
3,000 


$1,088 50 
3,090 00 


$1,088 50 
3,090 00 


Bank 


Stock. 






Merchants' Nat'l Bank, Boston, 
Union Nat'l Bank, Weymouth, 
Manufacturers' Nat'l Bank, Boston, 
Union Market Nat'l B'k,Watertown, 
State Natl Bank, Boston, 


$700 
2,200 
1,500 
2,000 
1,500 


$920 50 
2,591 50 
1,500 00 
1,600 00 
1,616 25 


$920 50 
2,591 50 
1,590 00 
2,000 00 
1,616 25 


Railroad Bonds. 


Eastern Railroad bonds, . 


$1,000 


$500 00 


$942 84 



1878.] 



PUBLIC DOCUMENT— No. 8. 



37 



BRIGHTON FIVE CENTS SAVINGS BANK — WARD 25, BOSTON. 

Incorporated March, 1861. Number of corporators, 109. 

Horace W. Jordan, President. Treasurer, William A. Eisk. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$265,415 27 

6,395 59 

671 34 


Public funds, .... 
Bank stock, 

Real estate foreclosures, . 
Loans on real estate, 
Loans on personal security, . 
Deposit in banks on interest, . 
Expense account, 
Suspense account, interest ac- 
crued and unpaid, 
Cash on hand and in bank, 


$16,525 00 

52,077 50 

14,029 36 

171,803 70 

9,550 00 

2,310 99 

401 60 

5,232 76 
551 29 


> 


$272,482 20 


$272,482 20 



Amount of real estate held by foreclosure, 
Assessed valuation, 



Cash on deposit in Banks : 
National Bank of Brighton, 



$14,029 36 
11,050 00 



$2,310 99 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2f per cent., 
for the previous year, . . . . . ) 2i per cent., 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6£ per cent. 
The total amount of loans with each specified rate of interest: 
$630.70, 6 per cent. ; $5,000, 6£ per cent. ; $42,173, 7 per cent. ; 
$24,400, 7 T 3 Q per cent. ; $2,300, 71 per cent. ; $106,850, 8 per cent. 
Number of outstanding loans which are of an amount hot exceed- 
ing three thousand dollars each, 83 

Aggregate amount of the same, . * . . . . . 

Number of open accounts, ....... 994 

Number and am't of deposits received for the previous year, 794 

Number and amount of deposits of, and exceeding, thfee hundred 

dollars at any one time for the previous year, . * . 37 

Number and amount of withdrawals, .... 674 

Number of accounts opened during the previous year, . 178 

Number of accounts closed during the previous year, . 168 

Amount of the expenses of the corporation during the previous 



$15,329 49 
6,860 m 
6,238 08 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, March 16. 



111,603 70 

57,950 97 

19,743 85 
59,264 26 



1,700 79 
10,000 00 



38 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Fitchburg, 6 per cent. , 
of Fall River, 6 per cent., 


$5,000 
10,000 


$5,500 00 
10,900 00 


$5,550 00 
10,975 00 



Bank Stock. 



City Nat'l Bank, Boston,. 
Suffolk Nat'l Bank, Boston, . 
Maverick Nat'l Bank, Boston, . 
Shawmut Nat'l Bank, Boston,. 
Commerce Nat'l Bank, Boston) 
Webster Nat'l Bank, Boston, . 
Brighton Nat'l Bank, Boston, . 
Market STat'l B'k, Boston (Brighton) 
Eliot JSTat'l Bank, Boston, 
Central JSTat'l Bank, Boston, . 
Metropolitan Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 



$1,300 
1,000 
5,000 

400 

900 

8,900 

16,080 

3,000 

1,500 

500 
3,000 

500 
1,000 

500 



$1,498 25 


1,220 00 


7,500 00 


472 00 


949 50 


9,078 00 


18,090 00 


4,950 00 


1,620 00 


486 25 


2,775 00 


542 50 


1,087 50 


562 50 



75 
00 
50 
00 



$1,426 00 
1,208 25 
6,082 

400 
1,030 
9,645 
19,380 00 
5,205 00 
1,732 

500 
3,090 

670 
1,132 

575 



50 
00 
00 
00 
50 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



39 



BRISTOL COUNTY SAVINGS BANK — TAUNTON. 

Incorporated March 2, 1846. Number of corporators, 126. 
Joseph Wilbar, President. Treasurer, Charles H. Atwood. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$3,209,448 48 


Public funds, .... 


$100,000 00 


Earnings, undi- 




Loans on public funds, . 


1,825 00 


vided, 


47,953 21 


Bank stock, .... 


83,930 00 


Guarantee fund, 


15,712 20 


Loans on bank stock, 


2,575 00 






Real -estate, .... 


64,486 93 






Loans on real estate, 


2,258,514 98 






Loans on personal security, . 


751,820 86 






Loans on railroad stock, . 


500 00 






Expense account, 


145 00 






Suspense account, . . . 


2,294 76 






Cash on hand, . . . ■ . 


7,021 36 




$3,273,113 89 


$3,273,113 89 



Loans on Public Funds — amount on each: 
On United States bonds, par value, $1,850, 

Loans on Bank Stock — amount on each : 
On 15 shares Taunton National* Bank, 
On 3 shares Bristol County National Bank, Taunton 
On 6 shares Machinists' National Bank, Taunton, . 

Loans on Railway Stock — amount on each: 
On 5 shares Boston and Albany R.R. stock, 



$1,825 00 



$2,000 00 
275 00 
300 00 



$500 00 



Amount invested in real estate, . . $20,000 00 

Estimated value of real estate, 40,000 00 

Amount of real estate held by foreclosure, . . . . . 44,486 93 

Estimated value of same, 42,500 00 

Cash on deposit in Banks : 

Machinists', of Taunton, $5,712 39 

First National Bank of Boston, 485 86 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2| per cent., 
for the previous year, .... j 2£ per cent., 

Times for the dividends fixed by the by-laws : April and October. 

The total amount of loans with each specified rate of interest: 
$158,980, 6 per cent. ; $2,155,977.84, 6* per cent. ; $700,278, 7 
per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each 1,709 



$210,234 57 
80,608 10 
79,143 65 



Aggregate amount of the same, 



$1,655,800 00 



40 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts, . 8,367 

Number and am't of deposits received for the previous year, 3,611 $513,691 06 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 185 
Number and amount of withdrawals, .... 6,592 

Number of accounts opened during the previous year, . . 780 
Number of accounts closed during the previous year, . 1,100 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 40,000 00 

Date of examination by Commissioner, September 3. 



114,051 00 
643,822 92 



7,501 72 



Public Fuxds. 



Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5-20s, 

" " " 6s, of 1881, . 


862.000 
38,000 


$67,115 00 
41,990 00 


862,000 00 
38,000 00 



Bank Stock. 



Taunton Nat'l Bank, Taunton, 
Machinists' Xat'l Bank, Taunton, 
Bristol County Nat'l Bank, Taunton 
Nat'l Bank of Fairhaven, 
Boston Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Third Nat'l Bank, Springfield, 
Hide and Leather Nat'l B'k, Boston 
Metropolitan Nat'l Bank, Boston, 
Bockland Nat'l Bank Boxbury, 
Merchants' Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Mount Vernon Nat'l Bank, Boston, 
No. America Nat'l Bank, Boston, 



$700 

15,000 

4,400 

4,000 

4.000 

10.000 

10,000 

500 

10.000 

3,100 

10,000 

1.500 

5,000 

2,000 

2,000 



$1,050 


00 


26,250 


00 


7,480 


00 


4,300 00 


4,560 


00 


18.500 


00 


15,000 


00 


560 


00 


9,200 


00 


4.371 


00 


13,300 


00 


2,475 


00 


5,850 


00 


2,320 


00 


2,160 


00 



8700 

15,000 

4.400 

4.000 

4.000 

10.000 

10,000 

500 

10,000 

3.317 

10.000 

1.500 

5.932 

2,360 

2,220 



00 
00 
00 
00 
00 
00 
00 
00 
00 
50 
00 
00 
50 
00 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



41 



BRDDGEWATER SAVINGS BANK — BRIDGE WATER. 
Incorporated March 19, 1872. Number of corporators, 16. 

President* Treasurer, Samuel P. Gates. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Profit and loss, 
Suspense account, . 


$217,019 72 

4,949 62 

586 87 

22 50 

75 28 


Public funds, .... 
Bank stock, .... 
Loans on real estate, 
Loans> on personal security, . 
Cash on hand, .... 


$5,537 50 

33,624 98 

144,731 00 

33,577 65 

5,182 86 




$222,653 99 


$222,653 99 



Cash on deposit in Banks : 
First National Bank, Boston, 



Whole amount of interest and profits received or earned, 

Rate and amount of each semi-annual > 3 per cent, for nine months, 

dividend for the previous year, ) 2 per cent., . 
Times for the dividends fixed by the by-laws : April and October 1. 
Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend : 5 61-65 per cent. 
The total amount of loans with each specified rate of interest: 
6 per cent., $252.65; 7 per cent., $83,225; 71 per cent., $26,725; 
8 per cent., $67,731 ; 10 per cent., $375. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 143 

Aggregate amount of the same, 

Number of open accounts, 805 

Number and am't of deposits received for the previous year, . 534 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 39 

Number and amount of withdrawals, 655 

Number of accounts opened during the previous year, . . 136 
Number of accounts closed during the previous year, . . 156 
Amount of the expenses of the corporation during the previous 



$1,239 07 

$15,619 54 
6,748 55 
4,333 28 



year, 



Amount of treasurer's bonds, 

Date of examination by the Commissioner, May 31. 

Public Funds. 



$130,808 65 
46,976 78 

20,338 36 

76,168 74 



899 74 
10,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City bonds — Boston 5s, gold, 1906, 



$5,000 



,537 50 



$5,537 00 



* J. A. Hyde, Esq., late President, recently deceased. 



42 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested 


Suffolk Nat'l Bank, Boston, . 


$800 


$968 00 


$1,036 25 


Blackstone Nat'l Bank, Boston, 


9,300 


9,997 50 


12,594 12 


Merchants' Nat'l Bank, Boston, 


1,000 


1,340 00 


1,391 24 


Washington Nat'l Bank, Boston, 


300 


393 75 


444 00 


Shoe and Leather Nat'l B'k, Boston, 


1,500 


1,777 50 


2,161 25 


Boylston Nat'l Bank, Boston, . 


1,300 


1,527 50 


1,859 00 


Eagle Nat'l Bank, Boston, 


1,200 


1,296 00 


1,360 50 


Globe Nat'l Bank, Boston, 


900 


990 00 


1,164 12 


Massasoit Nat'l Bank, Fall River, . 


2,000 


3,500 00 


3,500 00 


Blue HiU Nat'l Bank, Boston, 


2,500 


2,550 00 


3,018 75 


Exchange Nat'l Bank, Boston,. 


2,200 


3,630 00 


4,093 25 


Fourth Nat'l Bank, Boston, 


1,000 


852 50 


1,002 50 



BROADWAY SAYINGS BANK - LAWRENCE. 

Incorporated March 8, 1872. Number of corporators, 24. 
John Fallon, President. Treasurer, Gilbert E. Hood. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 
Bills payable, . 


$1,127,424 43 

5,053 71 

4,500 00 

23,000 00 


Public funds, 

Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Cash on hand, . 




$21,400 00 

212,546 00 

34,500 00 

9,100 00 

770,519 31 

71,100 00 

10,812 83 




$1,159,978 14 






$1,159,978 14 



Loans on Bank Stock — amount on each : 
On 20 shares First Ward National Bank, East Boston, 
On 83 shares Lawrence National Bank, Lawrence, . 

Amount of real estate held by foreclosure, 
Estimated value, 



Cash on deposit in Bank: 
Lawrence National Bank, . 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2^ per cent., 

for the previous year, > 2 per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 



:{ 



$1,200 00 
7,900 00 

£34,500 00 
35,000 00 



$9,358 99 

$62,623 13 
26,965 17 
21,543 19 



1878.] 



PUBLIC DOCUMENT — No. 8. 



43 



The total amount of loans, with each specified rate of interest: 

$104,900, 6 per cent. ; $745,819.31, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 364 

Aggregate amount of the same, $355,419 31 

Number of open accounts, 3,715 

Number and ain't of deposits received for the previous year, 4,461 362,214 90 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 218 130,074 61 
Number and amount of withdrawals, . . . . 2,984 360,963 11 
Number of accounts opened during the previous year, . . 847 
Number of accounts closed during the previous year, . . 792 
Amount of the expenses of the corporation during the previous 

year, 3,130 44 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, October 5. 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested, 


City of Portland, Me., 6s, 
of Augusta, "6s, 
of Bath, "6s, 
of Lewiston " 6s, t 


$1,000 
1,600 

15,000 
3,000 


$1,040 00 
1,728 00 

16,200 00 
3,240 00 


$1,000 00 
1,600 00 

15,600 00 
3,200 00 



Bank Stock. 



Nat'l Bank of Commerce, Boston, 
Howard Nat'l Bank, Boston, . 
Suffolk Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Eliot Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Hamilton Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
Eailroad Nat'l Bank, Lowell, . 
Bay State Nat'l Bank, Lawrence, 
Market Nat'l Bank, Boston, . 
Globe Nat'l Bank, Boston, 
Maverick Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 
Eagle Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Continental Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston, 
Nat'l B'k of Commonwealth, Boston, 
Lawrence Nat'l Bank, Lawrence, . 
Nat'l Bank of North America, 



$20,000 

10,000 

10,000 

16,400 

15,000 

7,600 

6,800 

10,000 

8,400 

4,800 

5,000 

3,300 

2,900 

10,000 

18,700 

11,000 

7,400 

1,500 

7,000 

4,400 

5,000 

3,800 

7,800 

5,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 



$21,200 
11,250 
12,100 
18,674 
16,387 

8,968 

8,041 
12,025 
10,080 

6,400 00 

5,325 00 

3,630 

4,350 
10,100 
20,190 
11,990 

8,047 

1,665 

7,140 

5,071 

5,325 

4,037 

8,190 

5,425 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$24,800 
11,150 
12,600 
21,000 
18,100 
9,000 
8,500 
14,200 
9,857 
5,967 
5,700 
4,300 
3,649 
10,900 
21,700 
13,390 
8,550 
1,750 
8,700 
5,200 
5,500 
4,400 
8,190 
5,500 



00 

00 

00 

00 

00 

00 

00 

00 

50 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 

00 



44 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BKOOKFIELD SAVINGS BANK — BROOKFIELD. 

Incorporated April 12, 1872. Number of corporators, 35. 
Emmons Twichele, President. Treasurer, Geo. E. Fokbes. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


844.415 04 

1,932 46 

102 56 


Public funds, 
Loans on real estate, 
Loans on personal security, 
Expense account, 
Dividend account, . 

Furniture, safe, &c, 
Deposit in bank on interest, 
Premium account, . 




$1,000 00 

26,900 00 

14,800 00 

683 39 

1,304 94 

804 98 

293 99 

622 76 

40 00 




$46,450 06 






$46,450 06 



Cash on deposit in Bank: 
Manufacturers' National Bank, Boston, 



$622 76 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 1\ per cent., 

for the previous year, ) 1\ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$12,000, 6 per cent. ; $30,450, 7 per cent. ; $250, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 11 

Aggregate amount of the same, 

Number of open accounts, 385 

Number and am't of deposits received for the previous year, 68 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 13 
Number and amount of withdrawals, . . . . . 124 
Number of accounts opened during the previous year, . . 70 
Number of accounts closed during the previous year, . . 33 
Amount of the expenses of the corporation during the previous 



:{ 



year, 



$2,402 24 
796 59 
954 01 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 18. 



2,400 00 

6,242 32 

5,861 00 
10,523 00 



170 00 
10,000 00 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Worcester bonds, 


$1,000 


$1,040 00 


$1,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



45 



BROOKLINE SAYINGS BANK — BROOKLINE. 

Incorporated February 24, 1871. Number of corporators, 50. 
William H. Lincoln, President. Treasurer, F. W. Pkescott. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$139,554 45 


Public funds, .... 


$8,400 00 


Earnings, undivided, 


2,809 59 


Bank stock, .... 


27,639 13 


Guarantee fund, 


210 07 


Loans on railroad stock, . 


1,500 00 


Other liabilities, 


275 00 


Loans on real estate, 


77,662 50 






Loans on personal security, . 


15,000 00 






Deposit in bank on interest, . 


4,585 11 






Expense account, 


153 43 






Accrued interest, 


4,369 00 






Bank stock tax, 


750 00 






Cash on hand, .... 


2,789 94 




$142,849 11 


$142,849 11 



Cash on deposit in Banks : 
First National Bank of Boston, 



1,585 11 



:{ 



Whole amount of interest "or profits received or earned, . 
Rate and amount of semi-annual dividend > 2| per cent., 

for the previous year, . . . . ) January 1 . 
Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 
$5,000, 5 per cent. ; $10,000, 6 per cent ; $9,700, 6| per cent. ; 
$19,637.50, 7 per cent. ; $4,400, 7 T 3 7 per cent. ; $2,200, % per cent. ; 
$43,225, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 66 

Aggregate amount of the same, 

Number of open accounts, 960 

Number and am't of deposits received for the previous year, 1,431 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 20 

Number and amount of withdrawals, 988 

Number of accounts opened during the previous year, . . 154 
Number of accounts closed during the previous year, . . 244 
Amount of the expenses of the corporation during the previous 



$13,272 42 
3,693 33 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 9. 



59,662 50 

50,250 48 

10,317 54 
74,416 87 



1,400 00 
5,000 00 



46 



BANK COMMISSIONERS' REPORT. [Jan. 

' Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town Bonds — 
Brookline water bonds, 7s, 


$8,000 


$9,200 00 


$8,400 00 


Bank Stock. 


City Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 


$9,500 

10,000 

1,900 

5,000 


$11,233 75 

10,250 00 

2,071 00 

5,475 00 


$10,312 50 

10,000 00 

1,964 13 

5,362 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



47 



CAMBRIDGE SAVINGS BANK- CAMBRIDGE. 

Incorporated April 2, 1834. Number of corporators, 88. 
John B. Dana, President. Treasurer, James M. Thurston. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,967,817 78 

32,230 16 
4,900 00 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Loans to banks on interest, 

Cash on hand, . 




$103,547 50 

2,500 00 

280,972 48 

400 00 

65,938 09 

1,197,010 80 

88,200 00 

262,579 79 

3,799 28 




$2,004,947 94 






$2,004,947 94 



Loans on Public Funds — amount on each : 
On United States bonds, 5-20s, par value, $2,500, 



$2,500 00 



Loans on Bank Stock: 
On 4 shares Merchants' National Bank, Boston, 



$400 00 



Amount of real estate held by foreclosure, 
Estimated value, 



$65,938 09 
80,000 00 



Cash on deposit in Banks : 
Charles River National Bank, Cambridge, 
National Exchange Bank, Boston, 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, J 2| per cent., 

Times for the dividends fixed by the by-laws : fourth Thursday of 
January and July. 

The total amount of loans, with each specified rate of interest: 
$67,700, 6 per cent. ; $174,600, 6£ per cent. ; $526,265.30, 7 per 

. cent. ; $458,183, 7£ per cent. ; $61,362.50, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 385 

Aggregate amount of the same, ....... 

Number of open accounts, 5,086 

Number and am't of deposits received for the previous year, 3,967 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 265 

Number and amount of withdrawals, .... 3,931 

Number of accounts opened during the previous year, . . 689 

Number of accounts closed during the previous year, . ■ . 546 



$212,579 79 
50,000 00 

$122,996 43 
( 44,969 47 
\ 45,952 74 



581,048 30 

325,351 42 

157,946 41 
308,992 33 



48 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of the expenses of the corporation during the previous 

year, 5,400 00 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, May 23. 



Public Fuxds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Newburyport, 

of Fitchburg, 
of FaU River, 
of Lowell, 
of Cambridge, 



$18,000 
25,000 
20,000 
20,000 
12,000 
10,000 



$19,620 00 
27,625 00 
21,800 00 
22,100 00 
13,560 00 
11,300 00 



$18,090 00 
25,125 00 
19,000 00 
19,400 00 
11,760 00 
10,172 50 



Bank Stock. 



Boston Xat'l Bank, Boston, 
Third Xat'l Bank, Boston, 
Merchants' Xat'l Bank, Boston, 
Globe Xat'l Bank, Boston, 
Market Xat'l Bank, Boston, . 
Freeman's Xat'l Bank, Boston, 
Atlas Xat'l Bank, Boston, 
Eliot Xat'l Bank, Boston, 
Howard Xat'l Bank, Boston, . 
Continental Xat'l Bank, Boston, 
State Xat'l Bank, Boston, 
Tremont Xat'l Bank, Boston, . 
Suffolk Xat'l Bank, Boston, . 
Traders' Xat'l Bank, Boston, . 
Hamilton Xat'l Bank, Boston, 
Xat'l Revere Bank, Boston, 
Xat'l Eagle Bank, Boston, 
Xat'l Hide and Leather Bank, Boston 
Xat'l Union Bank, Boston, 
Xat'l Bank of Commerce, Boston, 
First Xat'l Bank, Xew Bedford, 
Xat'l B'k of Commerce, X. Bedford 
Xewton Xat'l Bank, Xevrton, . 
Charles River Xat'l B'k, Cambridge 
First Xat'l Bank, Leominster, . 
Xaumkeag Xat'l Bank, Salem, 
Xat'l Rockland Bank, Roxbury, 



$26,500 

10,000 

13,400 

6,300 

3,400 

900 

15,900 

10,700 

11.400 

1,800 

5,000 

11,500 

14,500 

10,000 

9,300 

19,500 

1,100 

2,800 

500 

17,600 

6,000 

5,000 

4.600 

2.500 

10,000 

5,000 

3,000 



829.481 25 

11,112 50 

18,090 00 

6,930 00 

3,621 00 

974 25 

18,364 50 

11,676 37 

12,796 50 

1,836 00 

5,487 50 

12,707 50 

18 v 980 00 

10,275 00 

11,067 00 

21,255 00 

1,188 00 

3,136 00 

680 00 

18,656 00 

7,200 00 

6,000 00 

5,750 00 

4,200 00 

12,000 00 

7,250 00 

4,252 52 



$32,874 37 

13,228 12 

18,345 25 

7,980 63 

3,793 63 

1,001 25 

19,314 25 

12,667 12 

12,839 49 

2,297 25 

5,481 25 

14,103 25 

18,052 50 

11,885 88 



12,130 
22.698 

1,253 

3.176 

725 

21.291 

7,470 

6,200 00 

5,915 00 

2,526 
11.200 

7,850 

4,666 



00 
74 

88 
00 
00 
37 
00 



00 
00 
00 
25 



1878.] 



PUBLIC DOCUMENT — No. 8. 



49 



CAMBBIDGEPORT SAVINGS BANK — CAMBRIDGEPGRT. 

Incorporated February 22, 1853. Number of corporators, 12. 

Benjamin Tixton, President. Treasurer, Edward Hyde. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 



1, 163, 954 01 

35,335 66 
6,000 00 



$2,205,289 67 



Bank stock, 

Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, 
Loans to counties, cities, or 

towns, .... 
Deposit in banks on interest, 
Expense account, 
Cash on hand, . 



$127,359 37 

2,540 96 

1,471,941 51 

411,200 00 

100,000 00 

90,000 00 

1,713 15 

534 68 



},205,289 67 



Cash on deposit in Banks : 
First National Bank, Cambridge, 
Cambridgeport National Bank, Cambridge, 



$50,000 00 
40,000 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 1\ per cent., 

for the previous year, . . . . . ) 2-J per cent. , 
Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
The total amount of loans, with each specified rate of interest: 

$300,000, 4 per cent. ; $50,000, 4£ per cent. ; $65,100, 6 per cent. ; 

$649,890, 6£ per cent. ; $375,629, 7 per cent. ; $157,550, 1 T \ per 

cent. ; $284,972.51, 7| per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 412 

Aggregate amount of the same, 

Number of open accounts, 5,872 

Number and am't of deposits received for the previous year, 4,743 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 275 
Number and amount of withdrawals, .... 4,608 
Number of accounts opened during the previous year, . . 887 
Number of accounts closed during the previous year, . . 813 
Amount of the expenses of the corporation during the previous 



$126,835 02 
( 49,672 10 
( 50,699 11 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, May 24. 
6 



605,744 03 

491,434 18 

189,021 00 
380,503 11 



6,000 00 
20,000 00 



50 



BANK COMMISSIONERS' REPORT. 

Bank Stock. 



[Jan. 



. 




Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Eliot JSTat'l Bank, Boston, 


$4,000 


$4,320 00 


$4,000 00 


Webster Nat'l Bank, Boston, . 


7,500 


7,668 75 


7,500 00 


N/at'l Bank of Commerce, Boston, . 


7,500 


7,950 00 


7,836 00 


Blackstone Nat'l Bank, Boston, 


6,700 


7,185 75 


9,230 25 


Washington Nat'l Bank, Boston, 


5,000 


6,062 50 


7,108 75 


Hamilton ISTat'l Bank, Boston, . 


10,000 


11,825 00 


12,511 25 


Tremont Nat'l Bank, Boston, . 


10,000 


11,050 00 


12,600 00 


Suffolk Nat'l Bank, Boston, . 


15,000 


18,150 00 


18,918 75 


Globe N/at'l Bank, Boston, 


5,000 


5,500 00 


6,387 50 


Union Nat'l Bank, Boston, 


20,600 


28,016 00 


30,691 87 


Cambridge City Nat'l Bank, Cam- 








bridge. ..... 


1,400 


2,240 00 


1,400 00 


Cambridgeport JSTat'l Bank, Cam- 








bridge. ..... 


4,000 


6.600 00 


4,175 00 


First Nat'l Bank, Cambridge, . 


5,000 


8,300 00 


5,000 00 



CANTON INSTITUTION FOR SAVINGS — CANTON 

Incorporated 1835. Number of corporators, 30. 
Charles H. Fkench, President. Treasurer, Francis W. Deane. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$314,066 28 


Public funds, .... 


$10,000 00 


Earnings, undivided, 


9,288 15 


Bank stock, .... 


29,412 00 


Guarantee fund, 


* 2,178 22 


Loans on bank stock, 


9,000 00 






Railroad bonds, 


19,750 00 






Real estate acquired, 


220 00 






Loans on real estate, 


232,181 00 






Loans on personal security, . 


29,725 00 






Loans to counties, cities, or 








towns, . . . . . 


12,000 00 






Cash on hand, . . . . 


13,544 65 




$355,832 65 


$355,832 65 



Loans oh Bank Stock — amount on each: 
On 90 shares First National Bank, Easton, 

Amount of real estate held by foreclosure, 
Estimated value, . . . . 



9,000 00 

$220 00 
350 00 



Cash on deposit in Banks : 
Neponset National Bank, Canton, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, ) 2£ per cent., 



$13,544 65 



,717 61 
7,784 64 
8,013 90 



1878.] 



PUBLIC DOCUMENT — No. 8. 



51 



Times for the dividends fixed by the by-laws: first Tuesday of 

April and October. 
Average annual per cent of dividends for the term ending at the 

time of, and including, the last extra dividend, 7 per cent. 
The total amount of loans with each specified rate of interest: 
$27,000, 6 per cent. ; $2,000, 6£ per cent. ; $252,706, 7 per cent. ; 
$1,200, 7 T % per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 216 

Aggregate amount of the same, .....*.. $211,106 00 

Number of open accounts, 1,268 

Number and am't of deposits received for the previous year, . 710 54,980 00 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 42 22,182 00 

Number and amount of withdrawals, 520 50,448 02 

Number of accounts opened during the previous year, . . 170 
Number of accounts closed during the previous year, . . 129 
Amount of expenses of the corporation during the previous year, . 756 05 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 7. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5-20s 


$10,000 


$10,825 00 


$10,000 00 



Bank Stock. 



Neponset Nat'l Bank, Canton, 


$7,500 


. $9,750 00 


$7,712 00 


North Nath'l Bank, Boston, . 


1,700 


1,989 00 


1,700 00 


Market Nat'l Bank, Boston, 


500 


530 00 


500 00 


Eagle Nat'l Bank, Boston, 


2,500 


2,706 00 


2,875 00 


Globe Nat'l Bank, Boston, 


3,300 


3,630 00 


3,960 00 


Freeman's Nat'l Bank, Boston, 


3,600 


3,843 00 


4,140 00 


Blackstone Nat'l Bank, Boston, 


2,000 


2,150 00 


2,400 00 


Shoe and Leather Nat'l Bank, Boston, 


2,500 


2,950 00 


3,000 00 


Atlas Nat'l Bank, Boston, 


2,500 


2,887 00 


3,125 00 



Railroad Bonds. 



Boston and Albany Railroad bonds, . 
Boston and Maine Railroad bonds, . 
Eastern Railroad bonds, . 




$12,000 00 
5,000 00 
2,750 00 



52 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAPE ANN SAVINGS BANK — GLOUCESTER. 

Incorporated April, 1846. Number of corporators, 40. 

Gorham P. Low, President. Treasurer, Geo. J. Marsh. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,067,027 27 


Public funds, .... 


$120,195 42 


Earnings, undi- 




Loans on public funds, . 


500 00 


vided, 


9,714 92 


Bank stock, .... 


182,375 00 


Guarantee fund, 


8,300 00 


Loans on bank stock, 


14,200 00 


Surplus fund, . 


10,176 65 


Railroad bonds, . . 


21,250 00 


H. E. Dennett, . 


11 71 


Real estate, .... 


8,000 00 






Real estate by foreclosure, 


3,824 97 






Loans on real estate, 


571,085 00 






Loans on personal security, . 


43,048 00 






Loans to counties, cities, or 








towns, ..... 


110,500 00 






Deposit in banks on interest, . 


19,000 00 






Expense account, 


10 95 






Cash on band, .... 


1,241 29 




$1,095,230 55 


$1,095,230 55 



Loans on Public Funds — amount on each : 
On United States bond, 1865, par value, 



$500 00 



Loans on Bank Stock — amount, on each : 
On 84 shares City Nat'l Bank, Gloucester, 
On 64 shares Cape Ann Nat'l Bank, Gloucester, 
On 20 shares Rockport Nat' 1 Bank, Rockport, . 
On 6 shares Cape Ann Nat'l Bank, Gloucester, 



Amount invested in real estate, 
Estimated value of real estate, 
Real estate by foreclosure, . 
Estimated value of same, . 



Cash on deposit on Banks : 

Redemption Nat'l Bank, Boston, 

Cape Ann National Bank, Gloucester, . . . . 

City National Bank, Gloucester, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 2\ per cent., . j" 

for the previous year, ) 2% per cent., •( 

Times for the dividends fixed by the by-laws : April 1, October 1. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 7£ per cent. 
The total amount of loans with each specified rate of interest: 

$22,700, 5 per cent. ; $40,000, 5± per cent. ; $5,000, 5£ per cent. ; 

$57,500, 6 per cent. ; $29,400, 6£ per cent. ; $10,000, 7 per cent. ; 

$574,733, 7 T ^ per cent. 



$12,000 00 


2,000 00 


200 00 


$8,000 00 


8,000 00 


3,824 97 


4,000 00 


$6,000 00 


786 96 


13,000 00 


$78,475 79 


25,830 00 


25,831 85 



1878.] 



PUBLIC DOCUMENT — No. 8. 



53 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 471 

Aggregate amount of the same, $411,483 00 

Number of open accounts, 3,932 

Number and am't of deposits received for the previous year, 2,409 187,803 84 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 144 80,371 14 
Number and amount of withdrawals, .... 3,166 299,731 64 
Number of accounts opened during the previous year, . . 668 
Number of accounts closed during the previous year, . . 707 
Amount of expenses of the corporation during the previous year, . 3,209 38 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, July 11. 



Public Funds. 







Estimated 




■* 


Par Value. 


Market Value. 


Amount Invested. 


United States bonds, issue of 1867, . 


$55,000 


$58,300 00 


$55,000 00 


City and Town Bonds — 








Town of Brookline, 


$5,000 


$5,500 00 


$5,000 00 


City of Charlestown, 






12,000 


12,600 00 


12,000 00 


of Cambridge, . 






10,000 


10,500 00 


9,650 00 


of Fall River, . 






8,000 


8,400 00 


8,000 00 


of Lowell, . . 






10,000 


10,500 00 


9,802 92 


of Lawrence, . 






5,000 


5,250 00 


4,742 50 


Town of Northampton, 






5,000 


5,250 00 


5,000 00 


City of Salem, . 






1,000 


1,050 00 


1,000 00 


of Somerville, .... 


10,000 


10,800 00 


10,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 


$4,000 


$5,440 00 


$4,200 00 


Atlas Nat'l Bank, Boston, 


5,900 


6,903 00 


6,200 00 


Blackstone Nat'l Bank, Boston, 


15,000 


16,350 00 


15,700 00 


Boston Nat'l Bank, Boston, 


5,000 


5,650 00 


5,100 00 


Cape Ann Nat'l Bank, Gloucester, . 


10,000 


15,000 00 


11,400 00 


Commerce Nat'l Bank, Boston, 


3,000 


3,030 00 


3,000 00 


Central Nat'l Bank, Boston, . 


2,500 


2,575 00 


2,500 00 


Continental Nat'l Bank, Boston, 


2,400 


2,448 00 


2,400 00 


City Nat'l Bank, Gloucester, . 


10,000 


10,000 00 


10,000 00 


Eagle Nat'l Bank, Boston, 


7,500 


8,175 00 


7,500 00 


Exchange Nat'l Bank, Boston, 


5,000 


7,850 00 


5,800 00 


Freeman's Nat'l Bank, Boston, 


5,000 


5,400 00 


5,000 00 


First Nat'l Bank, Boston, 


5,000 


9,250 00 


5,000 00 


First Nat'l Bank, Danvers, 


3,375 


4,275 00 


3,375 00 


Globe Nat'l Bank, Boston, 


5,000 


5,600 00 


5,000 00 


Gloucester Nat'l Bank, Gloucester, . 


10,000 


15,000 00 


10,600 00 


Georgetown Nat'l Bank, Georget'n, 


5,000 


5,000 00 


5,000 00 


Howard Nat'l Bank, Boston, . 


4,000 


4,520 00 


4,100 00 


Hide and Leather Nat'l B'k, Boston, 

* 


7,500 


8,325 00 


7,500 00 



54 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan, 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Merchants' Nat'l Bank, Boston, 


$5,000. 


$6,650,00 


$6,500 00 


Market Nat'l Bank, Boston, . 


2,500 


2,700 00 


2,500 00 


New England Nat'l Bank, Boston, . 


4,000 


5,320 00 


5,200 00 


Rockport Nat'l Bank, Rockport, 


8,100 


9,315 00 


8,400 00 


Redemption Nat'l Bank, Boston, 


16,600 


22,078 00 


21,400 00 


Republic Nat'l Bank, Boston, . 


5,000 


6,550 00 


4,900 00 


Shawmut Nat'l Bank, Boston, . 


5,000 


5,900 00 


5,600 00 


Second Nat'l Bank, Boston, 


5,000 


7,000 00 


6,500 00 


Webster Nat'l Bank, Boston, . 


2,000 


2,000 00 


2,000 00 



Railroad Bonds. 



Eastern Railroad bonds, . 




$21,250 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



55 



CAPE COD FIVE CENTS SAVINGS BANK — HARWICH. 

Incorporated 1855. Number of corporators, 53. 
Josiah Hardy, President. Treasurer, Obed Brooks. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$471,337 67 


Public funds, .... 


$20,859 25 


Earnings, undivided, 


15,649 45 


Bank stock, .... 


47,010 58 


Guarantee fund, 


3,405 93 


Railroad bonds, 


10,000 00 


Bills payable, . 


30,000 00 


Real estate, .... 


2.100 93 






Loans on real estate, 


93,058 29 






Loans on personal security, . 


315,857 76 






Loans to counties, cities, or 








towns, 


9,500 00 






Deposits in banks on interest, 


18,381 79 






Suspense account, 


289 52 






Cash on hand, .... 


3,334 93 




$520,393 05 


$520,393 05 



Amount invested in real estate, . $2,100 93 

Estimated value of real estate, 2,328 00 

Cash on deposit in Banks : ♦ 
Shawmut Nat'l Bank, Boston, $18,381 19 

Whole amount of interest or profits received or earned, . . . $36,882 26 
Rate and amount of each semi-annual dividend, 2£ per cent, for the 

previous year, 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest : 

6 per cent., $75,800; 7 per cent., $342,616.05. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 269 

Aggregate amount of the same, 267,947 58 

Number of open accounts, 2,413 

Number and am't of deposits received for the previous year, . 862 96,503 84 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .65 31,050 17 
Number and amount of withdrawals, . . . . ' 1,543 178,394 56 
Number of accounts opened during the previous year, . . 274 
Number of accounts closed during the previous year, . . 461 
Amount of the expenses of the corporation during the previous 

year, 1,800 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, August 22. 



56 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, 
4^ 



a a 



Town Bonds — 
Town of Brewster, . 
of Orleans, . 



$700 
15,000 



3,100 
600 



$796 00 
15,900 00 



3,100 00 
600 00 



$828 00 
16,331 25 



3,100 00 
600 00 



Bank Stock. 



Cape Cod Nat'l Bank, Harwich, 


$16,200 


$21,060 00 


$17,928 75 


Shawmut Nat'l Bank, Boston, . 


3,200 


3,680 00 


3,596 33 


Eleventh Ward Nat'l Bank, Boston, 


3,300 


1,485 00 


3,300 00 


Nat'l Bank of Republic, Boston, 


1,500 


1,950 00 


1,950 00 


First Nat'l Bank, Yarmouth . 


13,700 


19,865 00 


20,235 50 



Railroad Bonds. 



Cape Cod Railroad bonds, 



$10,000 



$11,000 00 



$10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



57 



CENTRAL SAVINGS BANK — LOWELL. 

Incorporated March 3, 1871. Number of corporators, 91. 
Oliver H. Moulton, President. Treasurer, Samuel A. Chase. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,150,274 02 

23,788 59 
3,000 00 


Public funds, .... 
Loans on public funds, . 
Bank stock, .... 
Loans on bank stock, 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Loans to banks on interest, . 


$23,000 00 

1,000 00 

211,421 25 

2,700 00 

80,500 00 

723,037 50 

102,627 60 

32,776 26 




$1,177,062 61 


$1,177,062 61 



Loans on Public Funds — amount on each 
On $1,000 United States bonds, . 



$1,000 00 



Loans on Bank Stock — amount on each: 
On 30 shares Merchants' National Bank, Lowell, 

Amount of real estate held by foreclosure, 
Estimated value of the same, .... 



. $2,700 00 

. $80,500 00 
. 80,500 00 



Cash on deposit in banks : 
Merchants' National Bank, Lowell, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent.. 

for the previous year, f 2£ per cent., 

Times for the dividends fixed by the by-laws : first Saturday in May 

and November. 
The total amount of loans with each specified rate of interest: 
$25,000, 5 per cent. ; $267,727.60, 6 per cent. ; $13,500, 6| per 
cent.; $264,809.90, 7 per cent.; $11,400, 7^ percent.; $34,600, 
7$ per cent. ; $106,000, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 149 

Aggregate amount of the same, ........ 

Number of open accounts, 3,048 

Number and ain't of deposits received for the previous year, 2,310 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 184 
Number and amount of withdrawals, .... 2,210 

Number of accounts opened during the previous year, . . 559 
Number of accounts closed during the previous year, . . 566 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, May 22. 
8 



,776 26 



$73,635 34 
27,775 42 
28,097 22 



$232,615 10 

218,472 14 

106,601 70 
274,815 14 



5,074 84 
20,000 00 



58 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and Town Bonds — - 
Town of Methuen, . 
City of Haverhill, . 



519,000 
4,000 



$19,950 00 
4,280 00 



$19,000 00 
4,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston, . 
Maverick Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
Webster Nat'lBank, Boston, . 
Metropolitan Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Railroad Nat'l Bank, Lowell, . 
First Nat'l Bank, Lowell, 
Merchants' Nat'l Bank, Lowell, 
Appleton Nat'l Bank, Lowell, . 
Georgetown Nat'lBank, Georget'wn 
Old Lowell Nat'l Bank, Lowell, 
Prescott Nat'l Bank, Lowell, . 



$10,000 

11,600 

20,000 

10,000 

13,000 

9,500 

1,500 

5,000 

1,000 

5,000 

6,000 

2,700 

7,000 

6,300 

4,200 

2,400 

5,000 

5,000 

5,000 

1,000 

2,000 

15,000 

10,000 

10,000 

4,700 

1,000 



$13,300 00 


12,412 


00 


20,000 


00 


11,300 


00 


13,900 


00 


10,430 


00 


1,680 


00 


5,400 


00 


1,500 


00 


6,700 


00 


7,800 


00 


3,537 


00 


9,870 00 


7,434 00 


4,956 


00 


2,400 


00 


4,700 


00 


5,750 


00 


6,050 


00 


1,200 


00 


2,900 


00 


18,000 


00 


18,000 


00 


10,000 


00 


6,110 


00 


1,450 00 



$14,000 00 
14,000 00 
20,000 00 
12,000 00 
15,000 00 
11,000 

1,600 

5,500 

1,217 

6,756 

8,000 

3,415 
10,000 00 

8,086 00 

5,000 

2,400 

4,987 

6,000 

6,112 50 

1,201 50 

2,740 00 
18,350 00 
16,962 50 
10,000 00 

6,092 00 

1,000 00 



00 
00 
00 
50 
25 
00 
50 



00 
00 
50 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



59 



CHARLESTOWN FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated April 7, 1854. Number of corporators, 124. 

P. J. Stone, President. Treasurer, Amos Stone. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$3,441,262 77 


Public funds, .... 


$248,000 00 


Earnings, undi- 




Loans on public funds, . 


4,850 00 


vided, 


62,194 34 


Bank stock, .... 


716,388 50 


Guarantee fund, 


8,500 00 


Loans on bank stock, 


26,500 00 






Railroad bonds, 


179,000 00 






Real estate, .... 


146,000 00 






Real estate by foreclosure, 


116,700 00 






Loans on real estate, 


1,948,740 20 






Loans on personal security, . 


39,500 00 






Loans to counties, 


15,000 00 






Deposits in banks on interest, 


50,455 95 






Cash on hand, .... 


20,822 46 




$3,511,957 11 


$3,511,957 11 



Loans on Public Funds — amount on each : 
On United States bonds, $5,500, $4,850 00 

Loans on Bank Stock — amount on each : 
On 90 shares Bunker Hill National Bank, 10 shares Union National 

Bank, and 10 shares Monument National Bank, .... $16,000 00 
On 88 shares Monument National Bank, < . . . . .10,500 00 

Amount invested in real estate, $146,000 00 

Estimated value of real estate, ........ 146,000 00 

Amount of real estate held by foreclosure, 116,700 00 

Estimated value of the same, 118,254 00 

Cash on deposit in Banks : 
Monument National Bank, Boston, $60,455 90 

Whole amount of interest or profits received or earned, . . . $213,729 78 
Rate and amount of each semi-annual dividend > 2| per cent., . ( 83,922 08 

for the previous year, ) 2£ per cent., . \ 86,000 00 

Times for the dividends fixed by the by-laws: third Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 7-£ per cent. 
The total amount of loans with each specified rate of interest: 

$18,350, 5 per cent. ; $60,700, 6 per cent. ; $51,200, 61 per cent. ; 

$1,284,205, 7 percent.; $48,800, 7 T % per cent.; $254,150, 7* per 

cent. ; $317,185, 8 per cent. 
Number of outstanding loans which are of an amount not exceed-- 

ing three thousand dollars each, 548 

Aggregate amount of the same, 954,590 20 

Number of open accounts, 9,700 

Number and am't of deposits received for the previous year, 7,459 519,969 36 



60 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 490 $280,808 06 

Number and amount of withdrawals, .... 6,234 612,037 42 

Number of accounts opened during the previous year, . 1,452 

Number of accounts closed during the previous year, . 1,249 

Amount of the expenses of the corporation during the previous 

year, 5,442 35 

Amount of treasurer's bonds, . . ... . . . 30,00000 

Date of examination by Commissioner, December 14. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Fifty years' 3-65 funding bonds of 
District of Columbia, "guaranteed 
by the United States,"* 



$350,000 



$259,000 00 



248,000 00 



Bank Stock. 



Metropolitan Nat'l Bank, Boston, . 


$10,500 


$9,712 50 


$9,600 00 


Freeman's Nat'l Bank, Boston, 


3,200 


3,472 00 


3,500 00 


Columbian Nat'l Bank, Salem, 


5,000 


6,800 00 


6,400 00 


Boylston Nat'l Bank, Boston, . 


9,300 


10,927 50 


12,600 00 


Continental Nat'l Bank, Boston, 


44,000 


44,440 00 


45,900 00 


North Nat'l Bank, Boston, 


14,000 


16,240 00 


16,000 00 


Hide and Leather Nat'l Bank, Boston, 


37,000 


41,440 00 


41,400 00 


Revere Nat'l Bank, Boston, 


27,600 


30,084 00 


31,200 00 


Shoe and Leather Nat'l B'k, Boston, 


12,100 


14,278 00 


15,000 00 


Eliot Nat'l Bank, Boston, 


30,000 


32,400 00 


34,700 00 


Redemption Nat'l Bank, Boston, 


15,600 


20,280 00 


20,900 00 


Commonwealth Nat'l Bank, Boston, 


5,000 


5,350 00 


5,000 00 


Maverick Nat'l Bank, Boston, . 


13,200 


19,800 00 


12,901 50 


Webster Nat'l Bank, Boston, . 


17,100 


17,442 00 


18,100 00 


Howard Nat'l Bank, Boston, . 


30,400 


34,200 00 


32,600 00 


Traders' Nat'l Bank, Boston, . 


14,000 


14,560 00 


14,000 00 


Republic Nat'l Bank, Boston, . 


26,200 


34,191 00 


29,575 00 


Market Nat'l Bank, Boston, . 


17,600 


18,656 00 


19,200 00 


Third Nat'l Bank, Boston, 


500 


540 00 


500 00 


Suffolk Nat'l Bank, Boston, 


18,500 


22,570 00 


22,800 00 


State Nat'l Bank, Boston, 


16,100 


17,508 75 


17,200 00 


Globe Nat'l Bank, Boston, 


18,500 


20,350 00 


22,800 00 


City Nat'l Bank, Boston, 


9,000 


10,372 50 


9,800 00 


Washington Nat'l Bank, Boston, 


11,900 


15,648 50 


14,240 00 


Tremont Nat'l Bank, Boston, . 


12,000 


13,200 00 


13,650 00 


Merchants' Nat'l Bank, Boston, 


7,200 


9,576 00 


10,500 00 


First Nat'l Bank, Boston, 


2.000 


3,700 00 


1,985 00 


Atlas Nat'l Bank, Boston, 


35,800 


41,349 00 


38,900 00 


Commerce Nat'l Bank, Boston, 


35,000 


36,925 00 


37,600 00 


Blackstone Nat'l Bank, Boston, 


21,100 


22,682 50 


26,750 00 


First Ward Nat'l Bank, Boston, 


12,700 


10,160 00 


12,500 00 


Blue Hill Nat'l Bank, Boston, 


7,900 


8,058 00 


8,200 00 


Bunker Hill Na'l Bank, Boston, 


25,000 


42,500 00 


28,600 00 



* The opinion of the Attorney-General that investment in these honds, hy savings hanks, iB 
illegal, has heen communicated to the officers of the hank. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



61 



Public Funds — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Monument Nat'l Bank, Boston, 
First Nat'l Bank, Lynn, . 
Railroad Nat'l Bank Lowell, . 
Home Nat'l Bank, Brockton, . 
Newton Nat'l Bank, Newton, . 
Andover Nat'l Bank, Andover, 
Nat'l Bank of Brighton, . 
Market Nat'l Bank, Brighton, . 
Wachusett Nat'l Bank, Fitchburg, 



$8,000 

21,700 

15,000 

15,000 

2,400 

2,400 

1,120 

2,700 

7,500 



$14,400 00 
25,389 00 
17,250 00 
15,600 00 

2,784 00 

2,832 

1,120 

4,320 

7,500 



00 
00 
00 
00 



$9,845 00 

25,300 00 

15,300 00 

15,000 00 

2,295 00 

2,800 00 

1,047 00 

2,700 00 

7,500 00 



Railroad Bonds. 



Boston and Albany R.R. bonds, 7s, 



$179,000 



$207,640 00 



$179,000 00 



62 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHELSEA SAYINGS BANK — CHELSEA. 

Incorporated April 28, 1854. Number of corporators, 256. 

Joids - H. Osgood, President. Treasurer, Johx F. Fellows. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,172,005 58 | 


Public funds, .... 


8231,391 25 


Earnings, undi- 




Bank stock, 


72,458 31 


vided, 


12,132 85 


Loans on bank stock, 


8,000 00 


Guarantee fund, 


4,319 00 


Real estate, .... 


15.086 00 


Other liabilities, 


1,471 13 


-Real estate by foreclosure, 


17,911 72 






Loans on real estate, 


783,546 78 






Loans on personal security, . 


11,000 00 






Loans to counties, cities, or 








towns, 


40.407 50 






Deposits in bank on interest, . 


7,572 55 






•^Expense account, 


1,870 09 


* 




Cash on hand, .... 


684 06 




81,189,928 56 


31,189,928 56 



Amount invested in real estate, .... 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
First National Bank, Chelsea, .... 



:l 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, ) 2 J per cent., 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 65 per cent. 
The total amount of loans with each specified rate of interest: 
$23,000, 5 per cent. ; $30,000, 6 per cent. ; $749,746.78, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 437 

Aggregate amount of the same, 

Number of open accounts, 5,514 

Number and am't of deposits received for the previous year, 6,361 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 196 
Number and amount of withdrawals, .... 4,983 

Number of accounts opened during the previous year, . . 774 
Number of accounts closed during the previous year, . . 860 
Amount of the expenses of the corporation during the previous 



$15,086 30 
13,400 00 
17,911 72 
18,900 00 

$7,572 55 

$74,754 93 
26,679 29 
27,516 78 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, May 22. 



556,641 83 

285,291 02 

105,044 87 
307,066 50 



4,621 .00 
25,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



63 









Estimated 








Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20, 


6s, 1881, 


$10,000 


$11,050 00 


$1*0,000 00 


" " " 5-20, 


1885, 


9,000 


9,495 00 


10,710 00 


" " " 5-20, 


1887, 


20,000 


21,700 00 


24,025 00 


State Bonds — 






- 




State of Maine, 6 per < 


3t., 1889, 


$15,000 


$16,800 00 


$16,612 00 


of New Hampshire, " 1898, 


1,000 


1,120 00 


) 


of New Hampshire, " 1902, 


1,000 


1,120 00 


}■ 3,307 50 


of New Hampshire, " 1905, 


1,000 


1,120 00 


) 


of Rhode Island, " 1882, 


2,000 


2,100 00 


1,935 00 


City and Town Bonds — 










City of New Haven, 6 per < 


st., 1881, 


$1,000 


$1,040 00 


$956 25 


of Chelsea, . 


' 1879, 


2,000 


2,020 00 


1,900 00 


of Chelsea, . H 




' 1895, 


5,000 


5,400 00 


5,412 50 


of Boston, . 




' 1880, 


20,000 


20,900 00 


20,998 75 


of Boston, . 




' 1903, 


29,000 


33,205 00 


33,386 25 


of Charlestown, 




' 1888, 


1,000 


1,075 00 


970 00 


of Cambridge, 




' 1884, 


1,000 


1,065 00 


1,062 50 


of Cambridge, gold, 5 ' 


' 1893, 


5,000 


5,150 00 


5,225 00 


of Fall River, 6 per 


st., 1891, 


20,000 


21,400 00 


20,250 00 


. of FaU River, . 


< 1906, 


5,000 


5,400 00 


5,362 50 


of Lowell, . 




' 1890, 


9,000 


9,675 00 


8,651 25 


of Lynn, 




' ► 1891, 


10,000 


10,800 00 


9,825 00 


of Lynn, 
of Lynn, 




' 1894, 
< 1896, 


3,000 

7,000 


3,255 00 
7,595 00 


i 10,751 25 


of Worcester, 




' 1880, 


4,000 


4,120 00 


3,900 00 


of Newton, 




' 1905, 


13,000 


14,430 00 


14,312 50 


of Lawrence, 




' 1906, 


15,000 


16,200 00 


16,387 50 


Town of Woburn, 




< 1893, 


5,000 


5,375 00 


5,412 50 



Bank Stock. 






North Nat'l Bank, Boston, 


$2,600 


$2,925 00 


$2,774 25 


Howard Nat'l Bank, Boston, . 


4,600 


5,152 00 


4,870 25 


Massachusetts Nat'l Bank, Boston, . 


7,250 


7,975 00 


9,798 12 


Continental Nat'l Bank, Boston, 


6,000 


6,060 00 


7,268 50 


Commerce Nat'l Bank, Boston, 


1,600 


1,680 00 


1,992 50 


Traders' Nat'l Bank, Boston, . 


2,500 


2,550 00 


2,706 75 


Exchange Nat'l Bank, Boston, 


2,400 


3,840 00 


3,022 35 


No. America Nat'l Bank, Boston, . 


1,000 


1,070 00 


1,037 50 


Webster Nat'l Bank, Boston, . 


500 


505 00 


583 84 


Boylston Nat'l Bank, Boston, . 


3,500 


4,095 00 


3,887 00 


Atlas Nat'l Bank, Boston, 


9,400 


10,810 00 


10,988 25 


State Nat'l Bank, Boston, 


2,000 


2,160 00 


2,125 50 


Suffolk Nat'l Bank, Boston, . 


1,200 


1,452 00 


1,450 00 


City Nat'l Bank, Boston, . 


5,300 


6,095 00 


6,108 75 


Eagle Nat'l Bank, Boston, 


2,800 


3,024 00 


3,115 75 


First Nat'l Bank, Chelsea, 


7,600 


8,208 00 


7,682 00 


First Nat'l Bank, South Weymouth, 


2,000 


2,500 00 


2,420 50 


Exchange Nat'l Bank, Salem, . 


500 


576 00 


625 50 



64 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHICOPEE SAVINGS BANK— CHICOPEE. 

Incorporated 1845; commenced business 1854. Number of corporators, 61. 

Geo. D. Robes'sox", President. Treasurer, Henry H. Harris. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$466,261 75 

6,977 06 

901 36 


I Public funds, .... 
Bank stock, .... 
Eailroad bonds, 
Real estate by foreclosure, 
Loans an real estate, 
Loans on personal security, . 
Loaus to counties, cities, or 

Deposit in banks on interest, . 
Cask on hand, .... 


§15,000 00 

22,463 50 

12,000 00 

8.461 33 

357,701 00 
35,760 00 

11,400 00 
5.000 00 
6,354 34 




8474,140 17 


$474,140 17 



Cash .on deposit in banks : 
Hampshire County National Bank, 
First National Bank of Chicopee, 



$5,000 00 
4,000 00 



Real estate acquired by foreclosure, 
Estimated value of the same, 



$8,461 33 
8,461 33 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 

$404,861, 6^ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 282 

Aggregate amount of the same, 

Number of open accounts, . . . . . . 1,304 

Number and am't of deposits received for the previous year, 1,051 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 81 

Number and amount of withdrawals, .... 1,187 

Number of accounts opened during the previous year, . . 207 
Number of accounts closed during the previous year, . . 221 
Amount of the expenses of the corporation during the previous 



:{ 



$30,346 49 
11,302 55 
11,082 10 



year, 



-Amount of treasurers bonds, .... 
Date of examination by Commissioner, June 20. 



297,961 00 

116,549 26 

35,727 00 
124,335 45 



2,200 00 
5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



65 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 6 per cent., 


$15,000 


$15,300 00 


$15,000 00 



Bank Stock. 



Third Nat'l Bank, Chicopee, . 


$9,300 


$13,020 00 


$11,963 50 


First Nat'l Bank, Springfield, . 


5,000 


7,500 00 


5,000 00 


Palmer Nat'l Bank, Palmer, . 


3,000 


3,000 00 


3,000 00 


Chapin Banking and Trust Company, 








Springfield, ..... 


2,500 


2,700 00 


2,500 00 



Eailroad Bonds. 



Boston and Albany Railroad bonds, 



$12,000 



$21,800 00 



$12,000 00 



CHICOPEE FALLS SAVINGS BANK — CHICOPEE FALLS. 

Incorporated March 20, 1875. Number of corporators, 41. 

Josiah W. Osgood, President. Treasurer, E. T. Paige. 

* Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Guarantee fund, 


$18,994 72 
21 93 


Loans on bank stock, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Expense account, 

Cash on hand, .... 


$1,000 00 
7,775 00 
8,013 63 

550 00 

108 08 

1,569 94 




$19,016 65 


$19,016 65 



Loans on Bank Stock — amount on each: 
On 10 shares Holyoke National Bank, 



Whole amount of interest or profits received or earned, . 

Eate and amount of each semi-annual dividend i 2| per cent., . r 
for the previous year, ( 2£ per cent., . ( 

Times for the dividends fixed by the by-laws : January 1 and July 1. 

The total amount of loans with each specified rate of interest : 
$16,443.63, 6£ per cent. ; $595, 7 per cent. ; $300, 7 T 3 ¥ per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 26 



$1,000 00 

$596 36 
248 41 
347 95 



66 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same, $17,338 63 

Number of open accounts, 182 

Number and am't of deposits received for the previous year, . 374 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 9 

Number and amount of withdrawals, 167 

Number of accounts opened during the previous year, . . 82 
Number of accounts closed during the previous year, . . 46 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 19. 



12,255 27 

3,700 00 
6,241 72 



35 14 
5,0.00 00 



CITIZENS' SAYINGS BANK— FALL RIVER. 

Incorporated 1851. Number of corporators, 49. 
Joseph Osboejst, President. Treasurer, Edwaed E. Hathaway. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits 4 , . 
Earnings, undi- 
vided, 
Guarantee fund, 
Other liabilities, 


$1,757,801 79 

124,942 40 

4,472 41 

55 08 


Bank stock, .... 

Loans on real estate, 

Loans on personal security, . 

Expense account, 

Deposit in Pocasset National 

Cash on hand, . . 


$285,891 50 

711,809 18 

881,350 00 

■1,049 45 

3,022 10 
4,149 45 




$1,887,271 68 


$1,887,271 68 



Cash on deposit in Banks : 
Pocasset National Bank, Fall River, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2Jper cent., 

for the previous year, J 2£ per cent., 

Times for the dividends fixed by the by-laws : June and December. 
The total amount of loans with each specified rate of interest: 

$1,593,159.18, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 153 

Aggregate amount of the same, 

Number of open accounts, 2,772 

Number and am't of deposits received for the previous year, 6,767 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 149 
Number and amount of withdrawals, .... 2,275 

Number of accounts opened during the previous year, . . 407 
Number of accounts closed during the previous year, . . 415 
Amount of the expenses of the corporation during the previous 



$3,022 10 

$114,318 55 

; 44,288 77 
! 43,186 86 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, November 11. 



233,525 00 

245,518 80 

95,644 61 
288,443 98 



5,767 45 
15,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



67 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



First Nat'l Bank, Boston, 
Second Nat'l Bank, Fall River, 
Hide arid Leather JSTat'l B'k, Boston 
Commerce Nat'l Bank, Boston, 
FaU River Nat'l Bank, Fall River, 
Pocasset Nat'l Bank, Fall River, 
Maverick Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, ^ 
Eliot Nat'l Bank, Boston, 
Metacomet Nat'l Bank, Fall River, 
Revere Nat'l Bank, Boston, 
Union Nat'l Bank, Fall River, 
Merchants' Nat'l Bank, Boston, 
Nat'l Bank of Redemption, Boston, 
Railroad Nat'l Bank Lowell, . 



$25,000 

18,000 

22,500 

10,000 

11,100 

80,000 

5,400 

14,000 

7,900 

28,700 

37,400 

15,500 

5,000 

4,900 

2,500 



$46,375 00 

24,300 00 

25,200 00 

10,600 00 

14,985 00 

104,000 00 

8,100 00 

15,750 00 

8,532 00 

38,171 00 

40,766 00 

17,825 00 

6,693 75 

6,382 25 

3,875 00 



$25,000 00 

18,000 00 

22,500 00 

10,000 00 

9,712 50 

80,000 

4,779 

14,000 

7,900 

28,700 00 

37,400 00 

15,500 00 

5,000 00 

4,900 00 

2,500- 00 



00 
00 
00 
00 



68 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CITY FIVE CENTS SAVINGS BANK — HAVERHILL* 

Incorporated Marcli 28, 1870. Number of corporators, 50. 
Sa^iuel W. Hopkentsox, President. Treasurer, George W. Notes. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


3923,007 70 


; Public funds, .... 


872,343 30 


Earnings, undivided, 


23,439 99 


Loans on public funds, . 


11.400 00 


Guarantee fund, 


2,500 00 


Bank stock, .... 


46.765 45 






Loans on bank stock, 


7,200 00 






Railroad bonds, 


104,027 50 






Real estate by foreclosure, 


239,748 50 






Loans on real estate, 


386,272 68 






Loans on personal security, . 


11,138 00 






Loans to counties, cities, or 








towns, . . . 


17,500 00 






DejDosits in bank on interest, . 


51,857 43 






Expense account, 


485 51 






Furniture, 


209 32 




8948,947 69 


8948,947 69 



Loans on Public Funds — amount on each 
On United States bonds, par value, $12,150, 



$11,400 00 



Loans on Bank Stock — amount on each : 

On 5 shares Monument National Bank, Boston, .... $750 00 

On 80 shares First National Bank, Boston, " 4,000 00 

On 5 shares Essex National Bank, Haverhill, and 7 shares First 
National Bank, Haverhill, and 10 shares Merrimac National Bank, 

Haverhill, 2,200 00 

On 1 share Massachusetts National Bank, Boston, . 250 00 

Amount of real estate held by foreclosure, $239,748 50 

Estimated value of real estate held by foreclosure, . . . . 199,500 00 



Cash on deposit in Banks : 

Merrimac National Bank, Haverhill, $40,000 00 

First National Bank, Haverhill, . 6,857 43 

First National Bank, Merrimac, ■ . . 5,000 00 

Whole amount of interest or profits received or earned, . ... $55,836 34 
Rate and amount of semi-annual dividend for the previous year, 2j 

per cent., 23,407 49 

Times for the dividends fixed by the by-laws: first Wednesday 

June and December. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 5 T 9 7 2 g- per cent. 
The total amount of loans with each specified rate of interest : 

$3,500, 4 per cent. ; $14,100, 5 per cent. ; $9,000, 5i per cent. ; 

* Temporarily enjoined by a decree of the Supreme Judicial Court, July 17, 1877. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



69 



$76,950, 6 per cent. ; $41,000, GJ per cent. ; $213,533, 7 per cent. ; 
$13,000, 7 T 3 7 per cent. ; $4,000, 7£ per cent. ; $58,315, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 158 

Aggregate amount of the same, $177,498 00 

Number Of open accounts, 4,197 

Number and am't of deposits received for the previous year, 2,523 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 52 
Number and amount of withdrawals, . . . . . 2,552 
Number of accounts opened during the previous year, . . 452 
Number of accounts closed during the previous year, . . 936 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 15,000 00 

Date of examination by Commissioner, May 14. 



93,314 79 

27,059 82 
173,812 88 



2,137 67 



Public Funds. 







Estimated 




% 


Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20s, 


16,000 


$6,337 50 


$7,140 00 


" " " 1881, 


10,000 


11,025 00 


12,356 25 


City and Town Bonds — 








City of Fall River, . 


$12,000 


$12,120 00 


$11,500 80 


of Springfield, . 


. . 


2,000 


2,050 00 


1,880 00 


of Haverhill, . 


. 


12,000 


12,800 00 


11,200 00 


of Lawrence, . 


* 


10,000 


10,950 00 


10,000 00 


of Somerville, . 


. . 


5,000 


5,150 00 


5,000 00 


Town of Marlborough, 


. 


5,000 


5,500 00 


5,256 25 


of Bradford, . 


. 


3,000 


3,060 00 


2,960 00 


City of Portsmouth, N.H., 


5,000 


5,000 00 


5,050 00 



Bank Stock. 



Massachusetts Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Nat'l Bank of Commerce, Boston, 
Tremont Nat'l Bank, Boston, . 
Merrimack Nat'l Bank, Haverhill, 
First Nat'l Bank, Haverhill, . 
Continental Nat'l Bank, Boston, 
Essex Nat'l Bank, Haverhill, . 



$3,000 

2,500 

1,200 

3,000 

500 

19,400 

7,400 

500 



$3,450 00 


3,325 00 


1,256 00 


3,300 00 


725 00 


24,250 00 


7,474 00 


600 00 



$3,660 00 

3,173 75 

1,467 

3,783 

690 

24,143 

9,247 75 

600 00 



12 

75 
00 
08 



Railroad Bonds. 



Boston and Maine Railroad bonds, 
Old Colony Railroad bonds, 
Lowell Railroad bonds, . 




$66,300 00 
25,200 00 
14,140 00 



$65,562 50 
25,100 00 
13,365 00 



70 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CITY INSTITUTION FOR SAYINGS — LOWELL. 

Incorporated July, 1837. Number of corporators, 76. 

Nathan Allen, President. Treasurer, John A. Buttrick. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


83,427,580 91 


Public funds, .... 


$172,600 00 


Earnings, undi- 




Bank stock, .... 


675.130 00 


vided, 


177,033 50 


Loans on bank stock, 


21,600 00 


Guarantee fund, 


12,911 37 


Railroad bonds, 


223.500 00 






Loans on real estate, 


1,789,623 87 






Loans on personal security, . 


320,395 71 






Loans to counties, cities, or 








towns, 


375,300 00 






Loans to banks on interest, . 


37,091 50 






Expense account, 


1,254 55 






Cash on hand, .... 


1,030 12 




§3,617,528 78 


83,617,528 78 



Loans on Bank Stock — amount on each : 

On 121 shares Appleton National Bank, Lowell, .... 

On 18 shares Pemberton National Bank, Lawrence, 

On 44 shares First National Bank, Lowell, 

On 5 shares First National Bank, Lowell; 6 shares Merchants' 
National Bank, Lowell; 39 shares Appleton National Bank, 
Lowell, 



$11,100 00 
1,100 00 
4,400 00 



5,000 00 



Cash on deposit in Banks : 
Appleton National Bank, Lowell, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2h per cent., 

for the previous year, ) 24, per cent., 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, Ty 7 -^- per cent. 
The total amount of loans with each specified rate of interest : 

$15,000, 4 per cent. ; 85,000, 44, per cent.; $61,900, 5 per cent.; 

$38,000, 5£ per cent. ; $39,000, 5| per cent. ; $890,650, 6 per cent. ; 
, 8675,130, 6| per cent. ; $60,000, 6 T 4 ^ per cent. ; $496,000, 6J per 

cent. ; $1,119,469.61, 7 per cent. ; $35,000, 7 T 3 ¥ per cent. ; $97,000, 

Ih, per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 103 

Aggregate amount of the same, 

Number of open accounts, 8,186 

Number and am't of deposits received for the previous year, 3,988 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 290 
Number and amount of withdrawals, . . . . 4,073 



$37,094 50 

$244,396 15 
83,087 18 
83,190 02 



$167,560 74 
.348,858 02 

132,072 72 

388,477 18 



1878.] 



PUBLIC DOCUMENT — No. 8. 



71 



Number of accounts opened during the previous year, . . 767 
Number of accounts closed during the previous year, . . 847 
Amount of the expenses of the corporation during the previous 

year, $5,510 00 

Amount of treasurer's bonds, 60,000 00 

Date of examination by Commissioner, May 21. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City and Town Bonds — 
Town of Pittsfield, . . . . 








$50,000 


$53,500 00 


$50,000 00 


City of Haverhill, . 






40,000 


47,200 00 


40,000 00 


Town of Plymouth, . 






40,000 


42,800 00 


40,000 00 


City of Hartford, Conn. , 






10,000 


11,000 00 


10,000 00 


of Lynn, . 






15,000 


15,900 00 


13,500 00 


of Lawrence, . 






5,000 


5,250 00 


5,000 00 


Town of Holliston, . 






5,000 


5,150 00 


5,000 00 


City of Haverhill, . 






6,000 


6,300 00 


5,100 00 


of Lowell, 






3,000 


3,300 00 


3,000 00 


of Charlestown, 


1,000 


1,060 00 


1,000 00 



Bank Stock. 



Appleton Nat'l Bank, Lowell, ♦ 


$39,300 


$68,775 00 


$43,920 00 


Atlantic Nat'l Bank, Boston, . 


8,000 


10,800 00 


10,000 00 


Atlas Nat'l Bank, Boston, 


18,000 


20,880 00 


18,000 00 


Bay State Nat'l Bawrence, 


1,875 


2,250 00 


1,875 00 


Blackstone Nat'l Bank, Boston, 


41,000 


43,972 50 


41,000 00 


Boston Nat'l Bank, Boston, 


20,000 


22,850 00 


20,000 00 


Boylston JSTat'l Bank, Boston, . 


12,400 


15,040 00 


12,400 00 


Bunker Hill ISTat'l Bank, Boston, 


3,400 


5,797 .00 


3,400 00 


City Nat'l Bank, Boston, 


5,300 


6,108 25 


5,300 00 


Columbian Nat'l Bank, Boston, 


13,800 


19,389 00 


16,560 00 


Continental Nat'l Bank, Boston, 


11,200 


11,424 00 


11,200 00 


Eliot Nat'l Bank, Boston, 


10,000 


10,850 00 


10,000 00 


First Nat'l Bank, Boston, 


20,000 


37,200 00 


20,000 00 


First Nat'l Bank, Lowell, ■ . 


3,400 


5,100 00 


3,400 00 


Globe Nat'l Bank, Boston, 


15,000 


16,500 00 


15,000 00 


Hamilton Nat'l Bank, Boston, 


10,000 


11,850 00 


10,000 00 


Howard NTat'l Bank, Boston, . 


13,500 


15,187 50 


13,500 00 


Market Nat'l Bank, Boston, . 


10,000 


10,700 00 


10,000 00 


Merchants' Nat'l Bank, Boston, 


4,400 


5,896 00 


4,400 00 


Metropolitan Nat'l Bank, Boston, . 


10,000 


9,300 00 


10,000 00 


Commerce Nat'l Bank, Boston, 


20,000 


21,200 00 


20,000 00 


No. America Nat'l Bank, Boston, . 


25,000 


27,125 00 


25,000 00 


Redemption Nat'l Bank, Boston, 


40,000 


52,200 00 


50,700 00 


Republic Nat'l Bank, Boston, . 


40,000 


52,200 00 


42,825 00 


Eagle Nat'l Bank, Boston, 


3,000 


3,270 00 


3,000 00 


Exchange Nat'l Bank, Boston, 


5,000 


8,250 00 


5,000 00 


Everett Nat'l Bank, Boston, . 


500 


545 00 


500 00 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,200 00 


10,000 00 



72 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Pemberton Nat'l Bank, Lawrence, . 


$7,500 


$11,250' 00 


$7,500 00 


Revere Nat'l Bank, Boston, 


50,000 


54,625 00 


50,000 00 


Union Nat'l Bank, Boston, 


3,600 


4,896 00 


3,600 00 


Webster ISTat'l Bank, Boston, . 


10,000 


10,736 25 


10,500 00 


New England Nat'l Bank, Boston, . 


6,500 


8,775 00 


8,450 00 


North Nat'l Bank, Boston, 


16,700 


19,706 00 


16,700 00 


Old Boston Nat'l Bank, Boston, 


3,950 


4,929 00 


3,950 00 


Prescott Nat'l Bank, Lowell, . 


21,000 


29,000 00 


21,450 00 


Railroad ISTat'l Bank, Lowell, . 


9,100 


10,465 00 


9,500 00 


Second Nat'l Bank, Boston, 


26,500 


37,166 25 


26,500 00 


Shawmut Nat'l Bank, Boston, . 


10,000 


11,800 00 


10,000 00 


State Nat'l Bank, Boston, 


2,000 


2,180 00 


2,000 00 


Suffolk Nat'l Bank, Boston, . 


20,500 


24,805 00 


20,500 00 


Third Nat'l Bank, Boston,, 


20,000 


.22,300 00 


20,000 00 


Tremont Nat'l Bank, Boston, . 


23,600 


26,078 00 


23,600 00 


Washington Nat'l Bank, Boston, 


3,900 


5,118 75 


3,900 00 



Railroad Bonds. 



Boston and Lowell Railroad bonds, 
Old Colony Railroad bonds, 
Eastern Railroad bonds, . 



$127,500 
50,000 
92,000 



$137,062 50 
51,500 00 
46,460 00 



$127,500 00 
50,000 00 
46,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



73 



CLINTON SAVINGS BANK— CLINTON. 

Incorporated 1851. Number of corporators, 54. 

Fjranklin Forbes, President. Treasurer, C. L. S. Hammond. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$665,480 40 

535 86 

2,000 00 


Public funds, .... 

Loans on public funds, . 

Bank stock, .... 

Loans on bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, . 

Premium account, . 

Cash on hand, .... 


$74,400 00 

1,700 00 

82,300 00 

16,100 00 

18,000 00 

375,955 09 

89,459 17 

2,250 00 

7,852 00 




$668,016 26 


$668,016 26 



Loans on Public Funds — amount on each : 
On United States bonds, par value $2,500, .... 

Loans on Bank Stock — amount on each: 
On 178 shares First National Bank, Clinton, .... 
On 50 shares First National Bank of Clinton, and 150 shares First 

National Bank of Chicago, 

♦ 

Whole amount of interest or profits received or earned, . 

Bate and amount of each semi-annual dividend ) 2£ per cent., . ( 

for the previous year, ) 2-J- per cent. , . ( 

Times for the dividends fixed by the by-laws : second Monday of 

April and October. 
The total amount of loans with each specified rate of interest: 
$201,072.67, 6 per cent. ; $14,500, 6* per cent. ; $266,591.59, 7 per 
cent. ; $1,050, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 266 

Aggregate amount of the same, 

Number of open accounts, ....... 2,322 

Number and am't of deposits received for the previous year, 1,860 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 129 

Number and Amount of withdrawals, .... 1,832 

Number of accounts opened during the previous year, . . 431 
Number of accounts closed during the previous year, . . 609 
Amount of the expenses of the corporation during the previous 



$1,700 00 

$12,100 00 

4,000 00 

$41,889 85 
18,088 69 
16,560 68 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, May 25. 



222,105 09 
186,830 66 

73,046 17 

288,129 42 



2,792 46 
20,000 00 



10 



74 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and Town Bonds — 
Town of Clinton, . . ... 
City of Somerville, . < . . 
of Fall River, .... 


$64,400 
5,000 
5,000 


$69,552 00 
5,250 00 
5,500 00 


$64,400 00 
5,000 00 
5,000 00 



Bank Stock. 



First jSTat'l Bank, Clinton, 
First Nat'l Bank, Leominster, . 
Orange Nat'l Bank, Orange, . 
Webster ISTat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Boston Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
Manufacturers' Nat'l Bank, Boston 
Market Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, . 
Traders' Nat'l Bank, Boston, . 
North America Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston 
Metropolitan Nat'l Bank, Boston, 
First Nat'l Bank, New Bedford, 
Nat'l B'k of Commerce, N. Bedford, 



$25,100 

5,000 

5,000 

10,500 

1,000 

200 
1,400 

500 
2,000 
5,000 
2,000 
1,600 

800 
4,200 
3,000 
5,000 
5,000 
5,000 



$29,618 00 


5,600 


00 


5,500 


00 


10,736 


25 


1,120 


00 


228 


50 


1,617 


00 


576 


25 


1,942 


50 


4,950 


00 


2,130 


00 


1,798 


00 


822 


00 


4,557 


00 


600 


00 


4,625 


00 


5,800 


00 


5,800 


00 



00 
00 
00 
00 
00 
00 



$25,100 

5,000 

5,000 

10,500 

1,000 

200 
1,400 00 

500 00 
2,000 
5,000 
2,000 
1,600 

800 00 
4,200 00 
3,000 00 
5,000 
5,000 



00 
00 
00 
00 



00 
00 



5,000 00 



Railroad Bonds. 



Fitchburg Railroad bonds, 7s, . 
Old Colony Railroad bonds, 7s, 




$14,365 00 
5,525 00 



$13,000 00 
5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



75 



COHASSET SAVINGS BANK— COH ASSET. 

Incorporated February 28, 1845. Number of corporators, 40. 

Martin Lincoln, President. Treasurer, Levi N. Bates. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$366,383 66 
6,617 83 
1,000 00 


Public funds, .... 

Bank stock, . 

Railroad bonds, 

Real estate by foreclosure, 

Loans on real estate, 

Loans to counties, cities, or 

towns, 

Cash on band, .... 


$15,000 00 
58,700 00 
35,000 00 
16,500 00 

236,170 00 

10,000 00 
2,631 49 




$374,001 49 


$374,001 49 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$16,500 00 
17,500 00 



Whole amount of interest or profits received or earned, . . . 
Rate and amount of each semi-annual dividend ) 2-£ per cent., 

for the previous year, . . . . . )2 percent., 
Times for the dividends fixed by the by-laws: first Tuesday of 

January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 5-| per cent. 
The total amount of loans with each specified rate of interest: 

$9,500, 5i per cent. ; $43,000, -6 per cent. ; $49,800, 6£ per cent. ; 

$97,550, 7 per cent. ; $1,950, 1j\ per cent. ; $18,470, 7| per cent. ; 

$25,900, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . .86 

Aggregate amount of the same, 

Number of open accounts, 926 

Number and am' t of deposits received for the previous year, . 258 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 21 

Number and amount of withdrawals, 525 

Number of accounts opened during the previous year, . . 66 
Number of accounts closed during the previous year, . . 100 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, , , 

Date of examination by Commissioner, June 22. 



$25,363 43 
9,479 94 
7,309 15 



57,595 00 

22,214 00 

10,887 00 
59,730 38 



1,199 18 
25,000 00 



76 



BANK COMMISSIONERS' REPORT. [Jan. 

Public Fuxds. 



Par Yalue. 



Estimated 
Market Yalue. 



Amount Invested. 



Town Bonds - 
Hyde Park 6s, . 




$15,450 00 



$15,000 00 



Bank Stock. 



Revere Xat'l Bank, Boston, 
Webster Xat'l Bank, Boston, . 
Atlas Xat'l Bank, Boston, 
Washington Xat'l Bank, Boston, 
Blackstone Xat'l Bank, Boston, 
Boston Xat'l Bank, Boston, 
City Xat'l Bank, Boston, 
Columbian Xat'l Bank, Boston, 
Continental Xat'l Bank, Boston, 
Eagle Xat'l Bank, Boston, 
Everett Xat'l Bank. Boston, 
Hide and Leather, Xat'l B'k, Boston 
Market Xat'l Bank, Boston, . 
Maverick Xat'l Bank. Boston, . 
Merchants' Xat'l Bank, Boston, 
Xorth Xat'l Bank, Boston, 
Republic Xat'l Bank, Boston, . 
Shavrmut Xat'l Bank, Boston, . 
State Xat'l Bank, Boston, 
Tremont Xat'l Bank, Boston, . 
Union Xat'l Bank, Boston, 



$6,000 
4,100 
3,000 
1,000 
2.700 
4,500 
4.300 
2,000 
4.000 
1,800 
2,000 
2,500 
3,000 
1,300 
2,300 
1,200 
2.200 
3,200 
3,800 
2,300 
1,500 



$6,540 00 


4,182 


00 


3,450 


00, 


1,300 


00 


2.889 


00 


5,134 


00 


4,816 


00 


2,700 


00 


4,000 


00 


1,944 


00 


2,180 


00 


2,775 


00 


3,180 


00 


1,950 00 


3,036 


00 


1.416 


00 


2,860 


00 


3,712 


00 


4,104 00 


2,484 


00 


2,100 


00 



$6,000 00 
4,100 00 
3,000 
1,000 
2,700 
4,500 
4,300 
2,000 
4,000 
1.800 
2,000 
2,500 
3,000 
1.300 
2,300 
1,200 
2.200 
3,200 
3,800 
2,300 
1,500 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



Railroad Bonds. 



Eastern Railroad bonds, . 
Old Colonv Railroad bonds, 




$12,593 75 
11,050 00 



$25,000 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



77 



CROCKER INSTITUTION FOR SAYINGS — TURNER'S FALLS. 

Incorporated April 3, 1869. Number of corporators, 16. 
George O. Peabody, President. Treasurer, D. P. Aberckombie. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Bills payable, . 


$94,402 30 

1,468 91 

265 00 

2,000 00 


Bank stock, 
Loans on bank stock, 
Loans on real estate, 
Loans on personal security, 
Loans to towns, 
Expense account, 
Deposit in bank, 
Premium account, . 




$4,800 00 

900 00 

66,080 00 

17,825 00 

6,000 00 

7 00 

2,284 21 

240 00 




$98,136 21 






$98,136 21 



Loans on Bank Stock — amount on each.: 
On 10 shares Crocker National Bank, Turner's Falls, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., . < 

for the previous year, . . . . } 2-J per cent., ( 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 5 T 2 J ¥ per cent. 

Cash on deposit in Banks : 
Crocker National Bank, Turner's Falls, 

The total amount of loans with each specified rate of interest: 

$18,500, 6 per cent ; $72,305, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 57 

Aggregate amount of the same, 

Number of open accounts, 360 

Number and am't of deposits received for the previous year, . 530 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 35 
Number and amount of withdrawals, . . . . • . 283 
Number of accounts opened during the previous year, . . 139 
Number of accounts closed during the previous year, . . 92 
Amount of the expenses of the corporation during the previous 



$900 00 

>5,614 85 

1,783 09 

1,979 15 



$2,284 21 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 11. 



49,105 00 

46,963 90 

17,898 94 
30,770 51 



5,990 00 
25,000 00 



78 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Crocker Nat'l Band, Turner's Falls, . 
Conway JSTat'l Bank, Conway, . 



$3,300 
1,500 



^3,382 50 
1,740 00 



$3,300 00 
1,740 00 



DANVERS SAVINGS BANK — D ANVERS. 
Incorporated 1850. Number of corporators, 42. 
Israel H. Putnam, President. Treasurer, William L. Weston. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,083,577 91 


Public funds, . 


$17,500 00 


Earnings, 4 undi- 




Loans on public funds, . 


1,100 00 


vided, 


13,607 94 


Bank stock, 


142,817 25 


Guarantee fund, 


6,953 69 


Loans on hank stock, 


25,675 00 






Loans on real estate, 


620,225 59 






Real estate by foreclosure, 


14,335 83 






Loans on personal security, . 


208,853 13 






Loans to counties, cities, or 








towns, 


39,105 00 






Deposits in banks on interest, 


22,791 12 






Expense account, 


11 50 






Cash on hand, . 


11,695 12 




$1,104,139 51 


$1,104,139 54 



Loans on Public Funds — amount on each: 
On United States bonds, par value, $1,300, 

Loans on Bank Stock — amount on each: 
On 53 shares First National Bank, Danvers, ,. 
On 12 shares National Grand Bank, Marblehead, 
On 5 shares Naumkeag National Bank, Salem, 
On 50 shares City National Bank, Lynn, . 
On 100 shares South Reading National Bank, Wakefield, 
On 50 shares Collateral Loan Co., Boston, 



Estimated value of real estate, . 
Amount of real estate held by foreclosure, 



Cash on deposit in Banks : 
Redemption National Bank, Boston, . 
Maverick National Bank, Boston, 
First National Bank, Danvers, . 



$1,100 00 



$4,475 00 

1,200 00 

500 00 

5,000 00 

10,000 00 
4,500 00 

$14,700 00 
14,335 83 



$20,650 00 

2,141 12 

11,695 12 



Whole amount of interest or profits received or earned, 



$62,628 28 



1878.] 



PUBLIC DOCUMENT— No. 8. 



79 



Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 

for the previous year, )2| per cent., . t 

Times for the dividends fixed by the by-laws : April 1 and October 1. 
The total amount of loans with each specified rate of interest : 

),000, 5 per cent. ; $10,000, 5| per cent. ; $75,600, 6 per cent. ; 
S,500, 6i per cent. ; $560,481, 7 per cent. ; $32,499, 7 t 3 q percent. ; 
5,300, 7| per cent. ; $84,900, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 323 

Aggregate amount of the same, 

Number of open accounts, ....... 2,972 

Number and am't of deposits received for the previous year, 1,100 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 87 

Number and amount of withdrawals, .... 1,395 

Number of accounts opened during the previous year, . . 256 
Number of accounts closed during the previous year, . . 271 
Amount of the expenses of the corporation during the previous 



$26,473 36 
26,403 01 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 20. 



314,104 74 

94,015 00 

44,160 00 
144,236 81 



2,775 00 
24,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6 per cent.* bonds of 
1881, 


$17,500 


$19,263 00 


$17,500 00 



Bank Stock. 



First Nat'l Bank, Danvers, 


$6,900 


$9,200 00 


$6,900 00 


Tremont Nat'l Bank, Boston, . 


2,000 


2,200 00 


2,000 00 


Atlas Nat'l Bank, Boston, 


10,000 


11,500 00 


11,350 00 


Continental Nat'l Bank, Boston, 


1,000 


1,020 00 


1,080 00 


Exchange Nat'l Bank, Boston, 


8,000 


12,640 00 


8,000 00 


Globe Nat'l Bank, Boston, 


8,500 


9,350 00 


10,612 50 


Howard Nat'l Bank, Boston, . 


6,800 


7,650 00 


6,800 00 


Merchants' Nat'l Bank, Boston, 


5,000 


'6,650 00 


6,475 00 


Revere Nat'l Bank, Boston, 


10,000 


10,900 00 


10,000 00 


Redemption Nat'l Bank, Boston, 


6,500 


8,450 00 


7,901 25 


State Nat'l Bank, Boston, 


5,000 


5,437 00 


5,356 25 


Traders' Nat'l Bank, 


2,800 


2,856 00 


2,800 00 


Washington Nat'l Bank, Boston, 


2,500 


3,275 00 


2,500 00 


Rockport Nat'l Bank, Rockport, 


1,500 


1,800 00 


1,500 00 


First Nat'l Bank, Salem, 


700 


840 00 


700 00 


First Nat'l Bank New Bedford, 


12,500 


12,468 75 


14,947 25 


Commerce Nat'l B'k, New Bedford, 


7,500 


7,837 50 


8,962 50 


Commerce Nat'l Bank, Boston, 


8,000 


9,200 00 


8,000 00 


Naumkeag Nat'l Bank, Salem, 


500 


750 00 


500 00 


Asiatic Nat'l Bank Salem, 


18,000 


25,200 00 


18,000 00 


Salem Nat'l Bank, Salem, 


2,500 


2,875 00 


2,862 50 


Warren Nat'l Bank, Peabody, . 


5,600 


8,176 00 


5,600 00 



80 



BANK COMMISSIONERS' REPORT. 



[Jan. 



DEDHAM INSTITUTION EOR SAVINGS — DEDHAM. 
Incorporated May, 1831. Number of corporators, 89. 
"Waldo CoBUKiSr, President. Treasurer, Calves" Guild. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 



$1,206,109 61 

67,264 65 
8,954 90 



Public funds, 

Loans on public funds, 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 

Deposits in banks on interest, 



$1,282,329 16 



$138,177 00 
12.500 00 
79,234 63 
11,700 00 
81.176 25 
26.500 00 
843,735 00 
15,425 00 

29,850 00 
44,031 28 

$1,282,329 16 



Loans on Public Funds — amount on each: 
On United States bonds, par value, $12,500, 



. $12,500 00 



Loans on Bank Stock — amount on eacb: 
On 10 shares Cambridge National Bank, . 
On 30 shares Dedham National Bank, 
On 90 shares Atlas National Bank, Boston, 



$900 00 
1,800 00 
9,000 00 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$26,500 00 
29,000 00 



. Cash on deposit in Banks : 
Dedham National Bank, Dedham, 



$44,031 28 



Wbole amount of interest or profits received or earned, . . $80,663 23 

Rate and amount of each semi-annual dividend ) 2£ per cent., . C 28,315 49 

for the previous year, . . . . . ) 2£ per cent., . \ 28,715 45 
Times for the dividends fixed by the by-laws : second Saturday in 

May and November. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, Qj-^q per cent. 
The total amount of loans with each specified rate of interest: 

$21,000, A\ per cent. ; $20,000, 5 per cent. ; $5,000, 6 per cent. ; 

$9,850, 6£ per cent. ; $710,800, 7 per cent; $105,885, % per cent. ; 

$37,375, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 397 

Aggregate amount of the same, 49S,210 00 

Number of open accounts, . . . . . . . 3,636 

Number and am't of deposits received for the previous year, 1,418 140,668 31 



1878.] 



PUBLIC DOCUMENT— No. 8. 



81 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 120 
Number and amount of withdrawals, .... 1,905 

Number of accounts opened during the previous year, . . 406 
Number of accounts closed during the previous year, . . 366 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, May 18. 



$70,198 33 
175,837 34' 



3,264 26 





Public Funds. 










Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 1881, 


$16,000 


$17,280 00 


$16,000 00 


" " " 5-20s, . 


55,000 


58,877 50 


55,000 00 


City and Town Bonds — 








City of Manchester, N.H., 


$18,000 


$19,170 00 


$18,000 00 


of Fall River, . 




10,000 


10,200 00 


9,517 00 


of Chaiiestown, 






6,000 


6,720 00 


5,992 50 


of Boston, 






2,000 


5,080 00 


1,975 00 


of Portland, Me., 






5,000 


5,005 50 


5,087 50 


of Biddeford, Me., 






' 5,000 


5,125 00 


5,050 00 


Town of Melrose, 






5,000 


5,625 00 


5,050 00 


of Lincoln, ' . 






2,000 


2,018 00 


1,930 00 


of Woburn, . 






5,000 


5,500 00 


4,875 00 


of Maiden, 


* 




10,000 


11,000 00 


9,700 00 



Bank Stock. 



Dedham Nat'l Bank, Dedham, 
Howard Nat'l Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Union Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, 
People's Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, 



$12,600 

4,000 

10,000 

1,400 

2,100 

1,000 

5,000 

6,000 

10,000 

10,000 

8,500 

3,300 



$15,120 00 


4,480 


00 


10,700 


00 


1,512 


00 


2,856 


00 


1,100 


00 


5,100 


00 


8,820 


00 


10,700 


00 


11,500 


00 


8,670 


00 


3,894 00 



$12,987 50 

4,094 50 
10,115 

1,451 

2,869 

1,065 

5,146 

5,930 
14,115 
11,237 75 

8,699 75 

3,967 13 



87 
50 
75 
00 
38 
00 
87 



Railroad Bonds. 



Worcester and Nashua R.R. bonds, 
Boston and Maine R.R. bonds, 
Boston and Lowell R.R. bonds, 
Old Colony Railroad bonds, 
Eastern Railroad bonds, . 



$10,000 

23,000 

14,000 

5,000 

28,000 



$10,000 00 

25,3?0 00 

14,300 00 

5,525 00 

14,000 00 



$9,700 00 
24,403 75 
14,205 00 
5,275 00 
27,592 50 



11 



82 



BANK COMMISSIONERS' REPORT. 



[Jan. 



DORCHESTER SAVINGS BANK — BOSTON. 

Incorporated 1858. Number of corporators, 73. 
William Pope, President. . Treasurer, J. Feaxk Pope. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


3440,989 41 


Public funds, .... 


324,500 00 


Earnings, undivided," 


13,201 37 


Loans on public funds, . 


1,000 00 


Guarantee fund, 


750 00 


Bank stock, . .* 


7,710 00 






Railroad bonds, 


30.715 50 






Real estate, .... 


6,000 00 






Real estate bv foreclosure, 


54,768 41 






Loans on real estate, 


273,331 91 






Loans on personal security, . 


22,225 00 






Loans to counties, cities, or 








towns, . . ... 


29,692 50 






Deposits in banks on interest, 


4,285 86 






Cash on band, .... 


711 60 




3451,940 78 


3454,940 78 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $1,000, 



$1,000 00 



Amount invested in real estate, . $6,000 00 

Estimated value of real estate, 6,000 00 

Amount of real estate held by foreclosure, 54,768 41 

Estimated value of same, 54,768 41 

Cash on deposit in Banks : 

Atlas National Bank, Boston, $3,286 22 

Blue Hill National Bank, Boston, 999 64 

Whole amount of interest or profits received or earned, . . . $33,631 68 
Rate and amount of semi-annual dividend for the previous year, 2 

per cent., 11,561 73 

Times for the dividends fixed by the by-laws : May 1 and Novem- 
ber 1. 
The total amount of loans with each specified rate of interest : 
$16,000, 6 per cent. ; $103,116.25, 7 per cent. ; $46,166.32, 7^- per 
cent. ; $22,175, 71 per cent. ; $109,099.34, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 129 

Aggregate amount of the same, '. 173,412 57 

Number of open accounts, 1,573 

Number and am't of deposits received for the previous year, 922 56,359 31 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 38 22,492 94 
Number and amount of withdrawals, .... 1,332 217,557 72 
Number of accounts opened during the previous year, . . 136 
Number of accounts closed during the previous year, . . 379 



1878.] 



PUBLIC DOCUMENT — No. 8. 



83 



Amount of the expenses of the corporation during the previous 

year, $2,763 62 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, April 11. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5-20s, 1867, . 


$24,500 


$26,408 75 


$24,500 00 


Bank Stock. 



Union Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, 
Blue Hill Nat'l Bank, Boston, 



$1,000 
1,500 
2,300 
1,700 



$1,360 00 


1,732 50 


3,087 75 


1,734 00 



M67 75 
1,510 00 
3,005 25 
1,727 00 



Railroad Bonds. 



Old Colony Railroad bonds, 7s, 
Boston and Lowell R.R. bonds, 7s 
Eastern Railroad bonds, 3-|», . 




$16,006 25 
4,770 00 
9,939 25 



84 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST BOSTON SAYINGS BANK — EAST BOSTON. 

Incorporated April 26, 1848. Number of corporators, 28. 
Phineas M. Crane, M.D., President. Treasurer, Albert Bowker. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$2,262,649 41 


Public funds, .... 


$105,100 00 


Earnings, undi- 




Loans on public funds, . 


575 00 


vided, 


112,600 37 


Bank stock, .... 


514,523 51 


Guarantee fund, 


5,856 45 


Loans on bank stock, 


216 00 






Railroad bonds, 


8,525 00 


/ 




Real estate, .... 


28,506 34 






Real estate bv foreclosure, 


124,524 71 






Loans on real estate, 


1,281,969 51 






Loans on personal security, . 


179,625 00 






Loans on railroad stock, . 


1,000 00 






Deposit in bank on interest, . 


60,702 28 






Accrued interest, 


65,330 54 






Expense account, 


2,030 85 






Cash on hand, .... 


8,477 49 


4 


$2,381,106 23 


$2,381,106 23 



Loans on Public Funds — amount on each : 
On United States bonds, par value $575, . . . . . . $575 00 

Loans on Bank Stock — amount on each: 
On 7 shares Union Market National Bank, Watertown, . . . ' $130 50 
On 1 share State National Bank, Boston, 86 00 

Loans on Railroad Stock — amount on each: 
On 10 shares Boston and Providence Railroad, .... $1,000 00 

Amount invested in real estate, . . . . . . • $28,506 34 

Estimated value of real estate, 30,000 00 

Amount of real estate held by foreclosure, 124,524 71 

Estimated value of real estate held by foreclosure, . . . . 124,524 71 

Cash on deposit in Banks : 

First Ward National Bank, Boston, $27,437 25 

Commerce National Bank, Boston, 33,265 03 

Whole amount of interest or profits received or earned, . . 204,479 71 

Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 57,696 85 

for the previous year, > 2-J per cent., . < 56,020 49 

Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
The total amount of loans with each specified rate of interest: 

$40,000, 4 per cent. ; $25,000, 5 per cent. ; $50,000, 5£ per cent. ; 

$16,500, 6 per cent. ; $363,050, 7 per cent. ; $94,471, 7| per cent. ; 

$861,239, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 590 

Aggregate amount of the same, 787,902 33 



1878.] 



PUBLIC DOCUMENT — No. 8. 



85 



Number of open accounts, 6,610 

Number and am't of deposits received for the previous year, 5,753 $353,800 00 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 240 132,582 00 
Number and amount of withdrawals, . . . . 6,545 521,063 66 

Number of accounts opened during the previous year, . . 979 
Number of accounts closed during the previous year, . ■ 1,411 
Amount of the expenses of the corporation during the previous year, 7,906 12 

Amount of treasurer's bonds, 15,000 00 

Amount of chief clerk's bonds, 10,000 00 

Amount of clerk's bonds, 8,000 00 

Date of examination by Commissioner, April 23. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$90,000 


$96,000 00 


1105,100 00 


Bank Stock. 



Atlas Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston , . 
City Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Hide and Leather Nat'l Bank, Boston 
Market Nat'l Bank, 
Massachusetts Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Mt. Vernon Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
New England Nat'l Bank, Boston, 
Bedemption Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Suffolk Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston. 
Second Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 
Union Market Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 



20,500 
20,000 

5,000 

4,100 
15,000 
15,000 
25,000 
11,500 
200 
10,000 
40,000 
20,000 
20,000 
15,000 

5,000 

6,000 
15,000 

2,400 

9,100 
20,000 
10,000 
10,000 
20,000 
15,000 
20.000 

6,400 
30,000 
20,000 

5,000 
10,000 

5,000 
10,000 

5,000 



$23,677 50 

22,850 00 

5,362 50 

4,817 50 

17,287 50 

15,300 00 

26,500 00 

12,420 00 

330 00 

10,800 00 

43,300 00 

22,000 00 

22,525 00 

16,800 00 

5,325 00 

6,600 00 

20,080 50 

2,796 00 

10,715 25 

21,700 00 

13,425 00 

13,025 00 

21,800 00 

19,575 00 

24,200 00 

7,584 00 

32,625 00 

28,050 00 

5,137 50 

11,050 00 

5,112 50 

8,000 00 

5,000 00 



15 
00 

00 



$22,719 62 
22,596 66 

6,223 06 

5,766 50 
16,177 50 
16,760 25 
28,660 96 
13,153 00 

, 230 00 
10,874 
49,465 
25,212 
21,500 00 
16,768 87 

5,443 10 

6,981 65 
18,253 37 

3,064 25 

9,970 66 
'21,253 35 
12,707 30 
13,043 98 
23,119 56 
16,620 30 
23,833 75 

8,103 13 
31,513 88 
27,055 50 

5,496 75 
11,816 41 

5,139 00 
10,000 00 

5,000 00 



86 



BANK COMMISSIONERS' REPORT. 
Railroad Bonds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Eastern Railroad, 



$10,000 



$5,038 00 



$5,525 00 



EAST BRLDGEWATER SAYINGS BANK — EAST BRIDGEWATER. 

Incorporated 1870. Number of corporators, 50. 

Henry Hobart, President. Treasurer, Isaac N. Nutter. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 


8110,418 31 


Public funds, .... 


815,600 90 


Earnings, undivided, 


3,512 32 


Bank stock 


20,768 00 


Guarantee fund, 


270 22 


Railroad bonds, 


8,000 00 


Other liabilities, 


558 58 | 


Loans on real estate. 


53,003 67 






Loans on personal security, . 


12,450 00 






Deposit in banks on interest, . 


4,414 94 






Expense account, 


176 90 






Safe, 


370 00 






Cash on hand, .... 


5 02 




8114,789 43 


8114,789 43 



Cash on deposit in Banks : 
New England Trust Co., Boston, 



"Wnole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend 1 2£ per cent., 
for the previous year, j 1\ per cent., 

Times for the dividends fixed by the by-laws : January and July. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend : 6 per cent. 

The total amount of loans with each specified rate of interest: 
85,000, 3-§- per cent. ; $31,600, 6 per cent. ; S52,453, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 102 

Aggregate amount of the same, 

Number of open accounts, 539 

Number and am't of deposits received for the previous year, . 392 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 21 

Number and amount of withdrawals, 340 

Number of accounts opened during the previous year, . . 125 

Number of accounts closed during the previous year, . . 87 

Amount of the expenses of the corporation during the previous 
year, 

Amount of treasurer's bonds, 

Date of examination by the Commissioner, June 8. 



$4,414 94 

$6,825 69 
2,429 08 
2,606 73 



54,453 67 

29,204 40 

11,387 95 
25,996 31 



313 18 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



87 



Public 


Funds. 






• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State bonds — New Hampshire, 

City and Town Bonds — 
City of Rockland, Me., . 

of Bath, Me., . 

of Fall River, .... 

of Cambridge, .... 
Town of Woburn, .... 


$3,000 

$500 
6,000 
2,000 
2,000 
2,000 


$3,322 50 

$500 00 
6,300 00 
2,000 00 
2,100 00 
2,100 00 


$3,322 50 

$455 00 
6,080 00 
1,903 40 
1,940 00 
1,900 00 



Bank Stock. 



Market Nat'l Bank, Boston, . 
Nat'l City Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Hamilton Nat'l Bank, Boston, 
Home Nat'l Bank, Brockton, . 
Fourth Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Commonwealth Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 




$2,130 00 


2,300 00 


1,150 00 


1,150 00 


4,200 00 


1,800 00 


3,300 00 


1,075 00 


2,420 00 



$2,317 50 
2,276 75 
1,167 
1,250 
4,580 
2,000 
3,480 
1,225 



2,471 



50 
00 
00 
00 
00 
00 
25 



Railroad Bonds. 



Old Colony Railroad bonds, 
Eastern Railroad bonds, . 




$3,000 00 
5,000 00 



88 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST CAMBRIDGE FIVE CENTS SAYINGS BANK— EAST CAMBRIDGE. 

Incorporated 1854. Number of corporators, 46. 
Geo. Stevens, President. Treasurer, Samuel Slocomb. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$933,690 02 


P^^blic funds, .... 


$29,000 00 


Earnings, undivided, 


7,187 20 


Bank stock, .... 


127,677 30 


Profit and loss, 


2,500 00 


Loans on bank stock, 


14,479 21 


Guarantee fund, 


7,166 89 


Railroad bonds, 


69,000 00 






Real estate, .... 


7,000 00 






Real estate by foreclosure, 


16,967 25 






Loans on real estate, ' 


650.759 00 






Loans on personal security, . 


15,300 00 






Deposits in bank on interest, . 


19,301 24 






Expense account, 


68 83 






Cask on hand, .... 


991 28 




$950,544 11 


$950,544 11 



Loans on Bank Stock — amount on each : 

On 75 shares Lechmere National Bank, $9,379 21 

On 10 shares Lechmere National Bank, and 15 shares Cambridge 

National Bank, 3,000 00 

On 17 shares Lechmere National Bank, 1,700 00 

On 2 shares North National Bank, 1 share Webster National 

Bank, and 1 share Tremont National Bank, Boston, . . . 400 00 

Amount invested in real estate, $7,000 00 

Estimated value of real estate, 8,000 00 

Amount of real estate held by foreclosure, 16,967 25 

Estimated value, 16,967 25 



Cash on deposit in Banks : 
Lechmere National Bank, Cambridge, 



$19,301 24 



Whole amount of interest or profits received or earned, . . . $61,798 32 

Bate and amount of each semi-annual dividend ) 2^ per cent., . ( 21,677 06 
for the previous year, ) 2| per cent., . ( 22,067 21 

Times for the dividends fixed by the by-laws : April 15 and Octo- 
ber 15. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend, 7-J per cent. 

The total amount of loans with each specified rate of interest: 
$15,279.21, 6 per cent. ; $16,500, 6£ per cent. ; $580,234, 7 per 
cent. ; $69,525, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 311 

Aggregate amount of the same, . . 388,859 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



89 



Number of open accounts, 3,531 

Number and am't of deposits received for the previous year, 3,657 $222,032 86 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . , . 122 
Number and amount of withdrawals, .... 3,446 

Number of accounts opened during the previous year, . . 638 
Number of accounts closed during the previous year, . . 649 
Amount of the expenses of the corporation during the previous 

year, . 

Amount of treasurer's bonds, ........ 20,000 00 

Date of examination by Commissioner, May 21. 



69,871 77 
210,940 62 



1,800 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested . 


City Bonds — 
City of Lawrence, .... 
of Hartford, Conn., . 
of Cambridge, .... 


$5,000 

5,000 

19,000 


$5,250 00 

5,000 00 

20,710 00 


$5,000 00 

5,000 00 

19,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 


$700 


$805 00 


$700 00 


Blackstone Nat'l Bank, Boston^ 


7,200 


7,632 00 


7,200 00 


Boston Nat'l Bank, Boston, • ' • 


6,300 


7,056 00 


7,283 30 


Bunker Hill Nat'l Bank, Boston, 


4,100 


6,970 00 


4,100 00 


Commerce Nat'l Bank,. Boston, 


9,000 


9,540 00 


9,000 00 


Commonwealth Nat'l Bank, Boston, 


4,000 


4,240 00 


4,000 00 


Continental Nat'l Bank, Boston, 


3,000 


3,000 00 


3,000 00 


Eliot Nat'l Bank, Boston, 


1,200 


1,296 00 


1,200 00 


Exchange Nat'l Bank, Boston, 


1,600 


2,640 00 


2,156 00 


Faneuil Hall Nat'l Bank, Boston, . 


2,000 


2,600 00 


2,000 00 


First Ward Nat'l Bank, Boston, 


5,000 


4,151 00 


5,000 00 


Globe Nat'l Bank, Boston, 


2,100 


2,310 00 


2,100 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,325 00 


7,500 00 


Howard Nat'l Bank, Boston, . . . 


6,000 


6,720 00 


6,000 00 


Massachusetts Nat'l Bank, Boston, . 


500 


575 00 


500 00 


Merchants' Nat'l Bank, Boston, 


5,000 


6,650 00 


5,450 00 


Metropolitan Nat'l Bank, Boston, . 


4,000 


3,680 00 


3,760 00 


New England Nat'l Bank, Boston, . 


2,000 


2,680 00 


2,360 00 


North Nat'l Bank, Boston, 


1,900 


2,223 00 


1,900 00 


No. America Nat'l Bank, Boston, . 


500 


540 00 


500 00 


Redemption Nat'l Bank, Boston, 


1,000 


1,300 00 


1,000 00 


Republic Nat'l Bank, Boston, . 


5,800 


7,540 00 


5,800 00 


Revere Nat'l Bank, Boston, 




5,000 


5,450 00 


5,000 00 


Third Nat'l Bank, Boston, 




5,500 


6,105 00 


5,500 00 


Tremont Nat'l Bank, Boston, 




' 7,600 


8,360 00 


7,600 00 


Union Nat'l Bank, Boston, 




500 


680 00 


500 00 


Webster Nat'l Bank, Boston, 




' 6,700 


6,700 00 


6,700 00 


Cambridge City Nat'l Bank, 




2,600 


4,160 00 


2,600 00 


Charles River Nat'l B'k, Cambridge, 


2,400 


4,080 00 


2,400 00 



12 



90 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Lechmere Nat'l Bank, Cambridge, . 


13,800 


$6,270 00 


$3,800 00 


Newton Nat'l Bank, Newton, . 


1,300 


1,560 00 


1,300 00 


Concord Nat'l Bank, Concord, . 


3,300 


4,620 00 


3,568 00 


Fall River Nat'l Bank, Fall River, . 


1,100 


1,485 00 


1,100 00 


First Nat'l Bank, Maiden, 


2,500 


2,875 00 


2,500 00 


First Nat'l Bank, Marlborough, 


2,000 


2,400 00 


2,000 00 


Merchants' of Newburyport, . 


600 


720 00 


600 00 



Railroad Bonds. 



Eastern Railroad bonds, . 

Boston and Albany Railroad Bonds, 

Old Colony and Newport R.R. bonds, 




$4,250 00 


57,500 


00 


15,300 


00 



$4,000 00 
50,000 00 
15,000 00 



EASTHAMPTON SAVINGS BANK — EASTHAMPTON. 

Incorporated 1869. Number of corporators, 32. 
Edmund H. Sawyer, President. Treasurer, Samuel T. Seelye. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$205,592 68 
515 75 
850 00 


Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Loans on real estate, 

Loans on personal security, 

Expense account, 

Cash on hand, . 




$50 00 

58,551 78 

2,000 00 

117,190 00 

21,750 00 

147 00 

3,966 65 




$206,958 43 






$206,958 43 



Loan on Public Funds — amount on each 
On United States bond, par value, 



Loans on Bank Stock — amount on each : 
On 20 shares First National Bank, Easthampton, 

Cash on deposit in Banks : 
First National Bank, Easthampton, . 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 
for the previous year, > 2£ per cent.,' 



$50 00 



$2,000 00 



$3,966 65 

$11,709 55 
4,213 56 
4,502 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



91 



Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6£ per cent. 
The total amount of loans with each specified rate of interest: 

$4,000, 6 per cent. ; $140,240, 6£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 147 

Aggregate amount of the same, . . $115,740 00 

Number of open accounts, 836 

Number and am't of deposits received for the previous year, . 781 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 44 

Number and amount of withdrawals, 466 

Number of accounts opened during the previous year, . . 202 
Number of accounts closed during the previous year, . . 106 
Amount of the expenses of the corporation during the previous 

year, ' 

Amount of treasurer's bonds, . . . . . .• . 10,000 00 

Date of examination by Commissioner, July 24. 



53,874 17 

24,130 12 
33,395 78 



658 40 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


First Nat'l Bank, Easthampton, 


$17,900 


$22,375 00 


$21,983 50 


First Nat'l Bank, Northampton, 


7,600 


10,336 00 


10,519 00 


First Nat'l Bank, Lynn, . 


4,400 


5,016 00 


5,256 00 


Holyoke Nat'l Bank Holyoke, . 


7,200 


7,776 00 


8,026 00 


Blackstone Nat'l Bank, Boston, 


3,000 


3,180 00 


3,949 50 


Second Nat'l Bank, Boston, 


2,000 


2,740 00 


. 3,018 75 


North Nat'l Bank, Boston, 


2,000 


2,400 00 


2,447 50 


Commerce Nat'l Bank, Boston, 


1,000 


1,070 00 


1,154 53 


Wachusett Nat'lB'k, Fitchb'g, new, 


2,200 


2,332 00 


2,200 00 



92 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST WEYMOUTH FIVE CENTS SAVINGS BANK— EAST WEYMOUTH. 

Incorporated 1872. Number of corporators, 31. 
John P. Lovell, President. Treasurer, Nathan Canterbury. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$90,459 78 


Public funds, .... 


$5,060 00 


Earnings, undivided, 


4,107 69 


Bank stock, .... 


3,000 00 


Guarantee fund, 


186 97 


Railroad bonds, 


2,047 33 






Loans on real estate, 


69,450 00 






Loans on personal security, . 


3,970 00 






Loans to counties, cities, or 








towns, 


8,000 00 






Deposit in bank on interest, . 


2,880 80 






Expense account, 


86 83 






Cash on hand, .... 


259 48 




$94,754 44 


$94,754 44 



Cash on deposit in Banks : 
Merchandise National Bank, Boston, $2,880 80 

Whole amount of interest or profits received or earned, . . . $5,895 97 
Rate and amount of each semi-annual dividend ) 2$ per cent., . ( 1,808 84 

for the previous year, > 2£ per cent., . \ 2,056 25 

Times for the dividends fixed by the by-laws : April 1 and October 1. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 1\ per cent. 
The total amount of loans with each specified rate of interest: 

$5,000, 5 per cent. ; $12,550, 6 per cent. ; $25,760, 7 per cent. ; 

$22,875, 7i per cent. ; $20,700, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 86 

Aggregate amount of the same, 76,350 00 

Number of open accounts, . . . - . . . . 452 

Number and am't of deposits received for the previous year, 305 38,721 64 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 40 23,406 00 

Number and amount of withdrawals, 98 19,851 62 

Number of accounts opened during the previous year, . . 120 
Number of accounts closed during the previous year, . . 98 
Amount of the expenses of the corporation during the previous 

year, 330 00 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, May 18. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



93 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Charlestown, 
of Portland, Me., 


$3,000 
2,000 


$3,060 00 
2,200 00 


$3,060 00 
2,000 00 


Bank Stock. 


Merchandise Nat'l Bank, Boston, . 
Central Nat'l Bank, Boston, . 


$2,000 
1,000 


$2,045 00 
1,000 00 


$2,000 00 
1,000 00 


Railroad Bonds. 






Old Colony, 


$2,000 


$2,050 00 


$2,047 33 



94 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ELIOT FIVE CENTS SAYINGS BANK— BOSTON. 

Incorporated February 4, 1864. Number of corporators, 75. 
Wm. C. Appleton, President. Treasurer, Geo. C. Leach. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,368,126 58 


Public funds, , 


$286,750 00 


Earnings, undi- 




Loans on public funds, . 


23,000 00 


vided, 


10,956 42 


Bank stock, .... 


55,400 00 


Interest, 


2,640 70 


Loans on bank stock, 


2,700 00 


Real estate in- 




Railroad bonds, 


60,000 00 


come, 


265 49 


Real estate by foreclosure, 


36,261 74 


Guarantee fund, 


5,155 56 


Loans on real estate, 


816,850 00 


Tax account, 


5,400 00 


Loans on personal security, . 


100,000 00 


Suspense acc't, . 


228 13 


Loans on railroad stock, . 
Loans to counties, cities, or 


3,000 00 






towns, . . 


1,500 00 






Expense account, 


379 85 






Tax titles of real estate, . 


947 66 






Cash on band, .... 


5,783 63 




$1,392,572 88 


$1,392,572 88 



Loans on Public Funds — amount on each : 

On United States bonds, par value, $20,000, $20,000 00 

On Town of Westborough, par value, $3,000, 3,000 00 

Loans on Bank Stock — amount on each : 
On 27 shares People's National Bank, Boston, $2,700 00 

Loans on Railroad Stock — amount on each : 
On 41 shares Old Colony and Newport Railroad, .... $3,000 00 

Real estate by foreclosure, $36,261 74 

Assessed valuation, 34,600 00 

Cash on deposit in Banks : 
People's National Bank, Boston, $2,195 62 

Whole amount of interest or profits received or earned, . . . $89,607 11 
Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 32,66 1j06 

for the previous year, )2 percent., .( 26,248 56 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 

$25,500, 4 per cent. ; $93,000, 5 per cent. ; $187,200, 6 per cent. ; 

$14,000, 6£ per cent. ; $406,950, 7 per cent. ; $120,800., 7£ per 

cent. ; $13,800, 7 T 3 o per cent. ; $88,300, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 137 

Aggregate amount of the same, 247,350- 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



95 



Number of open accounts, 5,196 

Number and ain't of deposits received for the previous year, 4,332 $301,500 72 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 191 
Number and amount of withdrawals, .... 4,185 

Number of accounts opened during the previous year, . . 709 
Number of accounts closed during the previous year, . . 750 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . . . 

Date of examination by Commissioner, February 26. 



111,446 00 
289,637 41 



6,053 91 
5,000 00 



Public Funds. 









Estimated 








Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 4 


i per ct., gold, 


$62,750 


$65,754 15 


$62,750 00 


State of Maine bonds, 


6 per ct., 


11,000 


$1,120 00 


$1,000 00 


of New Hampshire bonds, u 


5,000 


5,600 00 


5,000 00 


City and Town Bonds — 








City of Portland, 


6 per ct., 


$5,000 


$5,200 00 


$5,000 00 


of Fall River, 


u 


15,000 


16,275 00 


15,000 00 


of Cambridge, 


a 


10,000 


11,000 00 


10,000 00 


of Chelsea, . 


a 


18,000 


19,440 00 


18,000 00 


of Lawrence, 


a 


20,000 


21,200 00 


20,000 00 


of Lowell, 


m a. 


18,000 


19,080 00 


18,000 00 


of Sornerville, 


6^ per ct. , 


10,000 


11,000 00 


10,000 00 


of Taunton, . 


6 per ct. , 


21,000 


22,260 00 


21,000 00 


of Springfield, 


a 


20,000 


21,600 00 


20,000 00 


of Lynn, 


5 per ct. , 


5,000 


5,050 00 


5,000 00 


of Portsmouth, N 


H., 6 per ct., 


20,000 


20,800 00 


20,000 0Q 


of Dover, N.H., 


u 


5,000 


5,150 00 


5,000 00 


of Bangor, Me., . 


u 


4,000 


4,120 00 


4,000 00 


Town of Wo burn, 


u 


8,000 


8,800 00 


8,000 00 


of Hingham, 


5 per ct. , 


4,000 


4,000 00 


4,000 00 


of Beverly, 


5£ per ct. , 


10,000 


10,300 00 


10,000 00 


City of Lynn, note, 


7 per ct. 


25,000 


25,000 00 


25,000 00 



Bank Stock. 



People's Nat'l Bank, Boston, . 
Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Market Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Mt. Vernon Nat'l Bank, Boston, 



$13,000 
1,000 
7,000 
2,000 
5,000 
1,000 
1,000 
1,300 
3,000 
3,000 
6,100 



$19,207 00 
1,330 00 
8,085 
2,800 
5,037 
1,062 
1,085 
1,404 
3,180 
3,990 
7,106 



00 
00 
50 
25 
00 
00 
00 
00 
50 



$13,000 
1,000 
7,000 
2,000 
5,000 
1,000 
1,000 
1,300 
3,000 
3,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



6,100 00 



96 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Maverick JSTat'l Bank, Boston, . 


$600 


$904 50 


$600 00 


ISTaumkeag Nat'l Bank, Salem, . . 


1,000 


1,520 00 


1,000 00 


State Nat'l Bank, Boston, 


1,400 


1,519 00 


1,400 00 


Shawmut Nat'l Bank, Boston, . 


4,300 


5,074 00 


4,300 00 


Nat'l Bank of Commerce, Boston, . 


1,700 


1,785 00 


1,700 00 


ISTat'l Bank of JSTo. America, Boston, 


1,000 


1,070 00 


1,000 00 


Nat'l Bank of Redemption, Boston, . 


2,000 


2,600 00 


2,000 00 



Railroad Bonds. 



Cape Cod Railroad bonds, 
Old Colony Railroad Bonds, 
Boston and Lowell Railroad bonds, 




$16,050 00 
15,300 00 
32,100 00 



$15,000 00 
15,000 00 
30,000 00 



EMIGRANT SAVINGS BANK — BOSTON. 

Incorporated 1870. Number of corporators, 48. 

Chas. F. Donnelly, President. Treasurer, James Ha vet. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 
Suspense, . 


$2,285,417 48 

25,244 33 
6,094 54 
3,531 63 


Public funds, 

Real estate, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Expense account, 

Deposit in banks on interest, 

Furniture and fixtures, . 

Cash on band, . 




$196,218 75 

289,979 64 

237,960 40 

1,426,363 77 

65,450 00 

3,263 65 

84,625 36 

11,691 91 

4,734 50 




$2,320,287 98 


- 




$2,320,287 98 



Amount invested in real estate, $289,979 64 

Estimated value of real estate, 289,979 64 

Amount of real estate beld by foreclosure, . . . . . 237,960 40 

Estimated value of real estate beld by foreclosure, .... 240,000 00 



Cash on deposit in Banks : 
Boston National Bank, Boston, 



$84,625 36 



Whole amount of interest or profits received or earned, . . . $139,531 38 
Rate and amount of each semi-annual dividend ( 2\ per cent., . ( 56,607 99 

for the previous year, ( 2\ per cent., . ( 55,144 67 

Times for the dividends fixed by the by-laws : third Wednesday of 

May and November. 



1378.] 



PUBLIC DOCUMENT — No. 8. 



97 



The total amount of loans with each specified rate of interest: 
$308,300, 6 per cent.; $76,600, 6£ per cent.; $377,878.77, 7 per 
cent. ; $8,500, 7£ per cent. ; $83,385, 7 T 3 ¥ per cent. ; $277,850, 7£ 
per cent. ; $330,300, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 196 

Aggregate amount of the same, 

Number of open accounts, 7,103 

Number and am't of deposits received for the previous year, 7,540 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 370 
Number and amount of withdrawals, .... 8,470 

Number of accounts opened during the previous year, . 1,222 
Number of accounts closed during the previous year, . 1,792 

Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, . . .'.•'. 
Date of examination by Commissioner, March 23. 



$312,572 00 

600,696 18 

206,721 14 
722,523 75 



7,189 30 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5 per cent, gold, 


$100,000 


$107,000 00 


$117,506 25 


State bonds, Massachusetts 5s, gold, 


$10,000 


$11,000 00 


$11,425 00 


City Bonds — 
City of Boston 5s, gold, . 

of Boston, currency 6s, . 


$35,000 
25,000 


$38,325 00 
28,000 00 


$38,975 00 
28,312 50 



13 



98 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ESSEX SAVINGS BANK — LAWRENCE. 

Incorporated March 12, 1847. Number of corporators, 46. 
George D. Cabot, President. Treasurer, James H. Eaton. 

Statement. 



Liabilities. 


Assets. 


Yalue on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$3,266,242 31 

31,291 30 
10,000 00 


• 

Public funds, 

Bank stock, 

Loans on bank stock, 
' Railroad bonds, 

Eeal estate, 

Real estate by foreclosure, 

Loans on reai estate. 

Loans on personal security. 

Deposit in banks on interest, 

Cash on band, . 




8325,500 00 

305,350 00 

9,300 00 

350.000' 00 

35,000 00 

20.000 00 

1,907.218 20 

256,855 43 

87.975 66 

10,334 32 




S3. 307,533 61 






83.307,533 61 



Loans on Bank Stock — amount on each : 
On 101 shares Lawrence National Bank, Lawrence, 



$9,300 00 



Amount invested in real estate, 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$35,000 00 
45,000 00 
20,000 00 
24,000 00 



Cash on deposit in Banks : 
Hide and Leather National Bank, Boston, 



$87,975 66 



Whole amount of interest or profits received or earned, 
Bate and amount of each semi-annual dividend ) 2-§- per cent., 

for the previous year, >2i per cent., 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 t 2 q 2 q- per cent. 
The total amount of loans with each specified rate of interest: 
$10,000, 5 per cent. ; $297,092, 6 per cent. ; $105,000, 6i per cent. ; 
$1,693,281,63, 7 per cent. ; $68,000, 7£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 424 

Aggregate amount of the same, 

Number of open accounts, ...... 9,089 

Number and am't of deposits received for the previous year, 8,069 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 390 

Number and amount of withdrawals 5,547 

Number of accounts opened during the previous year, . 1,691 

Number of accounts closed during the previous year, . 1,549 



:{ 



$206,630 08 
§77,283 46 
7S,000 53 



638,668 43 

519,804 11 

221,013 32 
671,163 89 



1878.] 



PUBLIC DOCUMENT — No. 8. 



99 



Amount of the expenses of the corporation during the previous 

year, $6,633 74 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, June 19. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States currency bonds, 6s, . 


$80,000 


$96,600 00 


$80,000 00 


" " bonds, 1881, 


70,000 


77,000 00 


70,000 00 


Citv and Town Bonds — 








City of Lawrence, .... 


$16,000 


$16,640 00 


$16,000 00 


of Boston, 






10,000 


11,100 00 


10,000 00 


of Lynn, . 






50,000 


54,000 00 


50,000 CO 


of Fall River, . 






25,000 


27,000 00 


25,000 00 


of Somerville, . 






25,000 


26,000 00 


25,000 00 


of Rockland, Me., 






15,000 


15,600 00 


15,000 00 


of Bath, Me., .. 






5,000 


5,200 00 


5,000 00 


of Portland, Me., 






5,000 


5,200 00 


5,000 00 


of Bangor, Me., 






5,000 


5,250 00 


5,000 00 


Town of Weymouth, 






10,000 


10,100 00 


10,000 00 


of Holden, .... 


9,500 


9,595 00 


9,500 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, . 
Bay State Nat'l Bank, Lawrence, 
Boston Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston, 
Continental Nat'l Bank, . 
City Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Massachusetts Nat'l Bank, Boston, 
Maverick Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
North Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, 
Union Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston,- 
Mount Vernon Nat'l Bank, Boston, 



$13,000 
4,000 
22,500 
3,000 
4,000 
10,000 
2,000 
13,000 
4,600 
8,000 
10,000 
23,200 
10,000 
3,750 
5,100 
20,000 
15,000 
10,000 
30,000 
25,000 
2,700 
9,000 
9,900 
10,000 
7,000 
1,000 
25,000 
4,600 



$14,950 00 
5,320 00 
30,000 00 
3,375 00 
4,270 00 
10,600 00 
2,015 00 
14,950 00 
3,680 00 
8,680 00 
10,900 00 
26,042 00 
11,100 00 
4,125 00 
7,650 00 
21,700 00 
16,275 00 
11,850 00 
32,700 00 
32,625 00 
3,186 00 
10,890 00 
10,692 00 
11,050 00 
7,192 00 
1,360 00 
25,250 00 
5,359 00 



$13,000 00 
4,000 00 
22,500 00 
3,000 00 
4,000 00 
10,000 00 
2,000 00 
13,000 00 
4,600 00 
8,000 00 
10,000 00 
23,200 00 
10,000 00 
3,750 00 
5,100 00 
20,000 00 
15,000 00 
10,000 00 
30,000 00 
25,000 00 
2,700 00 
9,000 00 
9,900 00 
10,000 00 
7,000 00 
1,000 00 
25,000 00 
4,600 00 



100 



BANK COMMISSIONERS' REPORT. 
Railroad Bonds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Boston and Maine Railroad bonds, 
Boston and Lowell Railroad bonds, 
Eastern Railroad bonds, . 



$250,000 
50,000 
53,500 



$276,250 00 
53,000 00 
26,950 00 



$250,000 00 
50,000 00 
50,000 00 



FAIRHAVEN INSTITUTION FOE SAVINGS — FAIRHAVEN. 

Incorporated 1832. Number of corporators, 43. 
J. F. Terry, President. Treasurer, Charles Drew. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,120,639 96 


Public funds, . . 


$92,225 00 


Surplus, 


6,000 00 


Loans on public funds, . 


250 00 


Guarantee fund, - 


4 ; 136 75 


Bank stock, .... 


270,060 00 


Other liabilities, 


1,130 73 


Loans on bank stock, 


9,805 04 






Railroad bonds, 


45,000 00 






Real estate, .... 


31,157 22 






Loans on real estate, 


219,330 00 






Loans on personal security, . 


378,565 34 






Loans to counties, cities, or 








towns, 


23,500 00 






Loans to banks on interest, . 


36,000 00 






Expense account, 


-62 






Interest accrued, 


20,666 35 






Cash on hand, . . . 


5,347 87 




$1,131,907 44 


$1,131,907 44 



Loans on Public Funds — amount on each. : 
On United States Bonds, par value, $300, . , 

Loans on Bank Stock — amount on each: 
On 50 shares Wachusett National Bank, Fitchburg, 
On 11 shares Mechanics' National Bank, New Bedford, 
On 5 shares Commerce National Bank of Boston, . 
On 70 shares Fairhaven National Bank, Fairhaven, 
On 4 shares Webster National Bank of Boston, 

Amount invested in real estate, , , 

Estimated value of real estate, , 

Real estate acquired by foreclosure, , 

Estimated value of same, . . , , 



$250 00 



Cash on deposit in Banks : 
Fairhaven National Bank, . 
Citizens' National Bank of New Bedford, 



$4,000 00 


680 04 


250 00 


4,575 00 


300 00 


$13,829 25 


13,829 25 


17,327 97 


17,327 97 


$21,000 00 


15,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



101 



Whole amount of interest or profits received or earned, . . • . 
Kate and amount of each semi-annual dividend \ 2-J- per cent., 

for the previous year, ) 2-J- per cent., 

Times for the dividends fixed hy the by-laws : last Monday of April 

and October. 
The total amount of loans with each specified rate of interest: 

$15,000, 4 per cent. ; $71,000, 5 per cent. ; $333,066, 6 per cent. ; 

$39,500, 6i per cent. ; $153,810.94, 7 per cent. ; $34,760, 7£ per 
' cent. ; $20,313.44, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 41 

Aggregate amount of the same, 

Number of open accounts, 1,759 

Number and am't of deposits received for the previous year, 455 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 123 
Number and amount of withdrawals, . . " . . 1,167 

Number of accounts opened during the previous year, . . 183 
Number of accounts closed during the previous year, . . 179 
Amount of sthe expenses of the corporation during the previous 

year 

Amount of treasurer's bonds, 

Date of examination by Commissioner, September 19. 



,816 46 
26,598 31 
26,965 13 



$7,285 50 

169,251 6Q 

-76,719 69 
156,097 05 



3,174 11 
5,000 00 



Public Funds. 



« 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$20,000 


$21,725 00 


$21,725 00 


City and Town Bonds, . 








City of Portland, Me., 


$6,000 


$6,450 00 


$6,000 00 


of Bangor, Me., 


13,000 


13,910 00 


13,000 00 


af Bath, Me., . 


10,000 


10,665 00 


10,000 00 


of Belfast, Me., 


6,500 


6,955 00 


6,500 00 


Town of Fairhaven, 


35,000 


38,500 00 


35,000 00 



Bank Stock. 



Commerce Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 



$20,100 

10,000 

5,600 

8,000 

10,500 

21,500 



$21,306 00 

10,850 00 
6,594 00 
10,720 00 
10,788 00 
22,252 00 



$20,100 00 

10,000 00 

5,600 00 

8,000 00 

10,500 00 

21,500 00 



102 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Boston Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
North America ISTat'l Bank, Boston 
Continental Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston 
First Ward Natl Bank, Boston, 
Metropolitan Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Wachusett, Nat'l Bank, Fitchburg, 
Mechanics' Nat'l B'k, New Bedford 
First Nat'l Bank, New Bedford, 
Fairhaven Nat'l Bank, Fairhaven, 



$30,000 

8,000 
14.000 
15,200 
14,000 

5,000 
13,300 
10,000 
10,000 

3,500 
10,000 

6,800 
10,000 
44,560 



$33,750 00 

10,440 00 

15,225 00 

17,062 00 

15,190 00 

5,037 00 

13,300 00 

8,325 00 

9,250 00 

3,465 00 

10,250 00 

9,520 00 

10,500 00 

50,130 00 



$30,000 00 

8,000 00 
14,000 00 
15,200 00 
14,000 00 

5,000 00 
13,300 
10,000 
10,000 

3,500 
10,000 00 

6,800 00 
10,000 00 
44,560 00 



00 
00 
00 
00 



Railroad Boxds. 



Cape Cod Railroad bonds, 

Mansfield & Framingham R.R. bonds, 

Boston, Clinton & Fitchburg R.R. " 




$21,200 00 
10,000 00 
15,000 00 



$20,000 00 
10,000 00 
15,000 00 



1878.} 



PUBLIC DOCUMENT — No. 8. 



103 



FALL RIVER FIVE CENTS SAVINGS BANK — FALL RIVER. 

Incorporated April 10, 1855. Number of corporators, 64. 

S. Angier Chace, President. Treasurer, Charles J. Holmes. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 

Earnings, undi- 
vided, 

Second National 
Bank.FallRiv., 

Nat'l Bank of 
Redemption, . 

Guarantee fund, 


$1,351,407 83 

89,104 34 

1,500 00 

5,000 00 
3,422 51 


Public funds, 

Bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Expense account, 

Cash on hand, . 




$100,000 00 

186,700 00 

45,000 00 

577,400 00 

538,800 00 

2,293 65 

241 03 




$1,450,434 68 






$1,450,434 68 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2\ per cent., 
for the previous year, .... ) 2-J per cent., 

Times for the dividends fixed by the by-laws : second Monday of 

June and December. 
The total amount of loans with each specified rate of interest: 

$1,116,200, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 85 

Aggregate amount of the same, . . . . . 

Number of open accounts, 5,489 

Number and am't of deposits received for the previous year, 13,579 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 87 
Number and amount of withdrawals, . . . . 3,009 
Number of accounts opened during the previous year, . . 729 
Number of accounts closed during the previous year, . . 689 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . ' . . . . '. . 
Date of examination by Commissioner, September 6. 



$100,565 40 
33,396 14 
32,888 45 



116,800 00 
217,798 60 

56,216 00 

237,637 38 



4,081 69 
20.000 00 



Public 


Funds. 








Par Value 


Estimated 
Market Value. 


Amount Invested. 


United States currency bonds, 6s, . 


$100,000 


$121,000 00 


$100,000 00 



104 



BANK COMMISSIONERS' REPORT. 

Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Broadway Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Maverick Nat'l Bank, Boston, . 
Monument Nat'l Bank, Boston, 
Nat'l Bank of Commerce, 
Nat'l Bank of No. America, Boston 
City Nat'l Bank, Boston, . 
Exchange Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, 
First Nat'l Bank, Chelsea, 
First Nat'l Bank, Maiden, 
First Nat'l Bank, Oxford, 
Metacomet Nat'l Bank, Fall River, 
Second Nat'l Bank, Fall River, 
Union Nat'l Bank, Fall River, 



$1,300 
3,000 

16,000 
3,200 
5,500 
1,500 
5,000 

13,300 
2,200 
8,500 
1,000 
8,400 

10,000 
4,000 
7,500 

10,000 
3,000 
6,700 

30,000 

10,000 
2,000 
9,400 

20,200 
5,000 



$1,729 00 


3,465 


00 


17,000 


00 


3,600 


00 


5,225 


00 


1,627 


00 


9,262 


00 


14.979 


00 


3,300 


00 


15,406 


00 


1,060 


00 


9,114 00 


11,525 


00 


6,600 


00 


8,350 


00 


10,925 


00 


3,094 00 


7,906 


00 


34,500 


00 


12,000 


00 


2,400 


00 


12,502 


00 


27,270 


00 


5,750 


00 



$1,300 00 

3,000 00 
16,000 00 

3,200 00 

5,500 

1,500 

5,000 
13,300 

2,200 

8,500 

1,000 

8,400 
10,000 00 

4,000 00 

7,500 00 
10,000 00 

3.000 00 

6,700 00 
30,000 00 
10,000 00 

2,000 00 

9,400 00 
20,200 00 

5,000 00 



00 
00 
00 
00 
00 
00 
00 
00 



Railroad Bonds. 



Rutland R. R. equipment bonds, 



$100,000 



$60,000 00 



$45,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



105 



FALL RIVER SAVINGS BANK— FALL RIVER, 

Incorporated 1828. Number of corporators, 104. 
Job B. French, President. Treasurer , Chas. A. Bassett. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$5,913,985 43 

231,999 42 
16,000 00 


Public funds, 
Bank stock, 
Loans on bank stock, 
Real estate, . s 
Loans on real estate, 
Loans on personal security, 
Deposit in banks on interest, 
^-Expense account, . » 
Cash on hand, . 




$405,000 00 

667,700 00 

1,000 00 

50,000 00 

2,316,625 00 

2,679,788 00 

37,000 00 

2,885 02 

1,986 83 




$6,161,984 85 






$6,161,984 85 



Amount invested in real estate, 
Estimated value of real estate, 



$50,000 00 
58,000 00 



Cash on deposit in Banks : 
Massasoit National Bank, Fall River, ...... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2% per cent. , 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest: 

$4,997,413, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 372 

Aggregate amount of the same, 

Number of open accounts, 11,760 

Number and am't of deposits received for the previous year, 37,501 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 535 
Number and amount of withdrawals, .... 9,078 
Number of accounts opened during the previous year, . 1,586 

Number of accounts closed during the previous year, . 1,434 

Amount of the expenses of the corporation during the previous 



$37,000 00 



,045 17 

(" 141,017 28 
1 143,227 93 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, September 6. 
14 



603,725 00 

1,071,262 46 

344,967 33 
858,195 05 



11,541 09 
25,000 00 



106 



BANK COMMISSIONERS' REPORT. 

Public Fuxds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



! Amount Invested. 



United States bonds, 

Citv Bonds — 
City of Fall River, 



$300,000 



$105,000 



$315,000 00 



$111,300 00 



$300,000 00 



$105,000 00 



Baxk Stock. 



Fall River Xat'l Bank, Fall River, . 


$66,300 


$89,505 00 


$66,300 00 


Massasoit Xat'l Bank, Fall River, . 


42,200 


71,740 00 


42,200 00 


Metacomet Xat'l Bank, Fall River, . 


86,200 


114,646 00 


86,200 00 


Xat'l Union Bank, Fall River, 


23.000 


26,450 00 


23,000 00 


Second Xat'l Bank, Fall River, 


15,000 


20,250 00 


15,000 00 


First Xat'l Bank, Xew Bedford, 


50.000 


53,500 00 


50,000 00 


Merchants' Xat'l B'k, Xew Bedford, 


22,000 


31,900 00 


22,000 00 


Xat'l B.'k of Commerce, N. Bedford, 


42,000 


43,680 00 


42,000 00 


Eliot Xat'l Bank, Boston, 


18,300 


19,764 00 


18,300 00 


Fanenil Hall Xat'l Bank, Boston, . 


40,000 


53,200 00 


40,000 00 


First Xat'l Bank, Boston, 


33,000 


61,050 00 


33,000 00 


Howard Xat'l Bank, Boston, . 


30,000 


33,600 00 


30,000 00 


Merchants' Xat'l Bank, Boston, 


16,000 


21,280 00 


16,000 00 


Xat'l Bank of Commerce, Boston, . 


33,500 


35,510 00 


33,500 00 


Xat'l Hide and Leather B'k, Boston, 


40,000 


43,200 00 


40,000 00 


Xat'l Revere Bank, Boston, 


27,000 


29,970 00 


27,000 00 


Second Xat'l Bank, Boston, 


40,000 


43,600 00 


40,000 00 


Washington Xat'l Bank, Boston, 


23,200 


32,480 00 


23,200 00 




20.000 


26,200 00 


20,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



107 



FITCHBURG SAVINGS BANK — FITCHBURG. 

Incorporated 1846. Number of corporators, 63. 
Thornton K. "Ware, President. Treasurer, Charles J. Billings. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Rents, 
Guarantee fund, 


$2,325,626 09 

57,463 91 
3,887 05 
6,800 00 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans on railroad stock, . 

Loans to banks on interest, 

Expense account, 

Cash on band, . 




$264,847 50 

17,700 00 

200,260 00 

12,700 00 

.2,700 00 

189,245 05 

1,026,131 00 

673,809 70 

270 00 

75 61 

739 49 

5,298 70 




$2,393,777 05 






$2,393,777 05 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $19,300, 



$17,700 00 



Loans on Bank Stock — amount on each : 
On 120 shares Fitchburg National Bank, . 
On 80 shares Safety Fund National Bank, Fitchburg, 
On 20 shares First National Bank, Leominster, 



£8,000 00 
3,200 00 
1,500 00 



Amount invested in real estate, $178,925 38 

Estimated value of real'estate, 187,000 00 

Amount acquired by foreclosure, 8,000 00 

Estimated value of same, , 8,559 52 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend i 2£ per cent., 
for the previous year, ) 2 per cent. , 

Times for the dividends fixed by the by-laws : June 1 and Decem- 
ber 1. 

The total amount of loans, with each specified rate of interest: 
$1,082,313.95, 6 per cent.; $136,400, 6£ per cent.; $782,298.75, 
7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 419 

Aggregate amount of the same, 

Number of open accounts, 6,043 

Number and am't of deposits received for the previous year, 1,783 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . , 169 

Number and amount of withdrawals, .... 4,394 



$176,200 88 
67,057 52 
51,907 82 



\l 



560,646 75 

303,316 05 

97,924 21 
723,321 13 



108 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened during the previous year, . . 479 
Number of accounts closed during the previous year, . 1,301 

Amount of the expenses of the corporation during the previous 

year, $4,151 90 

Amount of treasurer's bonds, 25,000 00 

Amount of assistant treasurer's bonds, 20,000 00 

Date of examination by Commissioner, April 2. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested, 


United States bonds, . ... 

City and Town Bonds — 
City of Fitchburg, .... 
of Norwich, Conn., . 
of Portland, Me, , 
Town of Tolland, .... 
of Sandisfield, . ... 


$146,000 

$100,000 

17,000 

5,000 

2,000 

1,000 


$155,688 12 

$110,000 00 

19,125 00 

5,175 00 

2,180 00 

1,090 00 


$146,000 00 

$93,250 00 

17,935 00 

4,662 50 

2,000 00 

1,000 00 



Bank Stock. 



Fitchburg Nat'l Bank, Fitchburg, . 


$12,500 


$20,000 00 


$12,500 00 


Rollstone Nat'l Bank, Fitchburg, . 


11,300 


18,080 00 


12,210 00 


Leominster Nat'l B'k, Leominster, . 


20,000 


22,400 00 


22,550 00 


Crocker Nat'l Bank, Turner's Falls, . 


20,000 


20,000 00 


20,000 00 


Townsend Nat'l Bank, Townsend, . 


500 


575 00 


500 00 


City Nat'l Bank, Worcester, . 


10,000 


12,400 00 


10,000 00 


Quinsigamond Nat'l Bank, Worcester, 


3,000 


3,510 00 


3,000 00 


Merchants' Nat'l Bank, Boston, 


20,000 


26,775 00 


20,000 00 


Boston Nat'l Bank, Boston, 


13,300 


15,195 25 


13,300 00 


Howard Nat'l Bank, Boston, . 


15,000 


16,931 25 


15,000 00 


North Nat'l Bank, Boston, 


11,600 


13,659 00 


11,600 00 


First Nat'l Bank, Boston, 


10,600 


19,636 50 


10,600 00 


Revere Nat'l Bank, Boston, 


20,000 


21,800 00 


20,000 00 


North America Nat'l Bank, Boston, 


6,600 


7,161 00 


6,600 00 


Commerce Nat'l B'k, New Bedford, 


10,000 


10,450 00 


12,400 00 


Citizens' Nat'l Bank, New Bedford, 


10,000 


10,000 00 


10,000 00 



Railroad Bonds. 



Agricultural Branch R.R. bonds, 




$2,400 00 



!,700 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



109 



FLORENCE SAYINGS BANK — FLORENCE. 

Incorporated 1873. Number of corporators, 32. 

A. T. Lilly, President. Treasurer, H. H. Bond. 

Statement., 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$86,550 84 

1,010 57 

311 55 


Real estate, .... 
Loans on real estate, 
l Loans on personal security, . 
Expense account, 
Cash on hand, .... 


$571 72 

60,150 91 

26,939 96 

39 50 

170 87 




$87,872 96 


$87,872 96 



Amount of real estate held by foreclosure, 
Estimated value of same, .... 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2-| per cent., 

for the previous year, . . . . .) 2^ per cent., 
Times for the dividends fixed by the by-laws : second Tuesday of 

April and October. 
Average annual per cent of dividends for the term ending at the 

time of, and including, the last extra dividend : 6| per cent. 
The total amount of loans, with each specified rate of interest: 

$13,612.70, 6 per cent. ; $65,650.91, 7 per cent. ; $7,827.26, 8 per 

cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 100 

Aggregate amount of the same, . 

Number of open accounts, 748 * 

Number and am't of deposits received for the previous year, . 728 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 27 

Number and amount of withdrawals, 369 

Number of accounts opened during the previous year, . . 107 
Number of accounts closed during the previous year, . . 45 
Amount of the expenses of the corporation during the previous 



$571 72 
1,400 00 

56,193 08 
1,835 08. 
1,971 05 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 24. 



65,978 17 

^38,085 77 

14,771 17 
30,146 26 



531 84 
10,000 00 



110 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FOXBOROUGH SAVINGS BANK— FOXBOROUGH. 

Incorporated April, 1855. Number of corporators, 66. 
Otis Carv, President. Treasurer, James F. Leonard. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$229,124 39 


Public funds, .... 


$8,300 00 


Earnings, undivided, 


2,124 77 


Loans on public funds, 


300 00 


Guarantee fund, 


572 37 


Bank stock, .... 


15,500 00 






Real estate, .... 


6,000 00 






Loans on r§al estate, 


159,070 00 






Loans on personal security, 


12,590 89 






Loans to counties, cities, or 








towns, . . . 


12,000 00 






Interest account, 


6,761 91 






Deposit in bank, 


3,948 22 






Cash on band, .... 


7,350 51 




8231,821 53 


$231,821 53 



Cash on deposit in Banks : 
In Merchandise National Bank, Boston, 



53,948 22 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $300, 



$300 00 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$6,000 00 
8,000 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J- per cent., 

for the previous year, ) 2-§- per cent., 

Average annual per cent, of dividends for the term ending at the 

time of, ahd including, the last extra dividend : 6£ per cent. 
The total amount of loans with each specified rate of interest: 
$5,000, 6 per cent.; $109,895.89, 7 per cent; $1,250, 7^- per 
cent. ; $6,000, 7i per cent. ; $67,815, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each,' 189 

Aggregate amount of the same, ........ 

Number of open accounts, 913 

Number and am't of deposits received for the previous year, . 363 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 26 

Number and amount of withdrawals, 512 

Number of accounts opened during the previous year, . . 98 
Number of accounts closed during the previous year, . . 61 
Amount of the expenses of the corporation during the previous 



L5,lll 13 
5,585 21 
5,616 18 



year. 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 25. 



130,960 89 

29,857 56 

12,128 65 
41,065 35 



600 00 
15,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



Ill 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881, 


$8,300 


$9,130 00 


$8,300 00 



Bank Stock. 



Wrentham N~at'l Bank, Wrentham, . 


$700 


$750 00 


$700 00 


Boylston Nat'l Bank, Boston, . 


1,500 


1,755 00 


1,500 00 


Webster Nat'l Bank, Boston, . 


1,000 


1,010 00 


1,000 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,680 00 


1,500 00 


Faneuil Hall Nat'l Bank, Boston, . 


800 


1,064 00 


800 00 


Merchandise Nat'l Bank, Boston, . 


10,000 


10,000 00 


10,000 00 



FRAMINGHAM SAVINGS BANK - FRAMINGHAM CENTRE. 

Incorporated 1846. Number of corporators, 44. 

Charles Upham, President. Treasurer, C. S. Adams. 

Statement. 



1 N 

Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,153,375 34 

47,032 46 
4,500 00 


Public funds, ... 
Bank stock, 
Loans on bank stock, 
Railroad bonds, 
Real estate, . . 
Loans on real estate, 
Loans on personal security, 
Expense account, 

Cash on hand, . 




$53,200 00 

113,900 00 

1,700 00 

30,000 00 

19,100 00 

842,604 03 

78,245 00 

3,575 27 

2,000 00 

60,583 50 




$1,204,907 80 






$1,204,907 80 



Loans on Bank Stock — amount on each : 
On 17 shares Framingham National Bank, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



Cash on deposit in Banks : 
Framingham National Bank, Framingham, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent. 



for the previous year, 



2-J per cent., 



$1,700 00 

$19,100 00 
26,800 00 



$47,778 89 

$77,847 82 
28,210 17 
28,286 47 



112 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Times for the dividends fixed by the by-laws : first Saturday of May 

and November. 
The total amount of loans, with each specified rate of interest: 

$915,549.03, 7 per cent. ; $7,000, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 359 

Aggregate amount of the same, . . $509,277 43 

Number of open accounts, . 4,172 

Number and am't of deposits received for the previous year, 1,432 154,518 17 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 142 79,175 81 
Number and amount of withdrawals, .... 1,539 203,120 06 

Number of accounts opened during the previous year, . . 371 
Number of accounts closed during the previous year, . . 410 
Amount of the expenses of the corporation during the previous 

year, . 3,575 27 

Amount of treasurer's bonds, 15,000 00 

Date of examination by Commissioner, May 24. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 
City of Worcester bonds, 


$27,100 
25,000 


829,300 00 
26,250 00 


$27,600 00 
25,600 00 


Baxk Stock. 



Framingham Xat'l B'k, Framingharn, 
Howard Xat'l Bank, Boston, . 
Hide and Leather Xat'l B'k, Boston, 
First Xat'l Bank, Boston, 
Traders' Xat'l Bank, Boston, . 
Maverick Xat'l Bank, Boston, . 
Boston Xat'l Bank, Boston, 
Commerce Xat'l Bank, Boston, 
Eliot Xat'l Bank, Boston, 
Second Xat'l Bank, Boston, 
Republic Xat'l Bank, Boston, . 
Mount Vernon Xat'l Bank, Boston, 
Webster Xat'l Bank, Boston, . 
Central Xat'l Bank, Boston, . 



$2,000 

13,600 

18,000 

16,500 

1,000 

4,900 

3,300 

15,800 

11,800 

3,000 

9,000 

8,500 

1,500 

5,000 



$2,800 


00 


15,300 00 


20,200 


00 


33,000 


00 


1.100 


00 


7,400 


00 


3,800 


00 


16,800 


00 


13,200 


00 


4,200 


00 


12,000 


00 


9,900 


00 


1,650 


00 


5.000 


00 



$2,000 00 

13,600 00 

18,000 00 

16,500 00 

1,000 00 

4,900 00 

3,300 00 

15,800 00 

11,800 00 

3.000 00 

9,000 00 

8,500 00 

1,500 00 

5,000 00 



Railroad Boxds. 



Old Colony and Xewport R.R. bonds, 




$31,500 00 



$30,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



113 



FRANKLIN SAVINGS BANK — BOSTON. 

Incorporated March, 1861. Number of corporators, 72. 
Osmyn Bkewster, President. Treasurer, Hexry Whittemore. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Interest, 
Guarantee fund, 


$4,785,170 37 

71,209 89 
43,064 08 
12,272 21 


Public funds, .... 
Loans on public funds, . 
Bank stock, .... 
Loans on bank stock, 
Railroad bonds, 
Loans on railroad bonds, 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Deposit in banks on interest, . 

Expense account, 

Accrued interest, 

Bank fixtures, .... 

Attorney's fees, 

Cash on hand, .... 


$281,306 45 

1,100 00 

113,503 33 

500 00 

72,450 00 

100,000 00 

197,719 79 

3,182,913 93 

500,738 77 

308,927 50 

62,037 58 

4,317 11 

75,709 36 

2,476 31 

250 00 

7,766 42 




$4,911,716 55 






$4,911,716 55 



Loan on Public Funds : 
On United States bonds, par value, 



L,100, 



Loans on Bank Stock: 
On 5 shares Continental National Bank, . 

Loan on Railroad Bonds : 
On Old Colony bonds, 6 per cent., par value, $120,000, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, ..... 



. $1,100 00 
$500 00 

/ $100,000 00 

. $197,719 79 
. 204,950 00 



Cash on deposit in Banks : 
Continental National Bank, Boston, ....... $62,037 58 

Whole amount of interest or profits received or earned, . . . $313,686 29 
Bate and amount of each semi-annual dividend ) 2£ per cent., . ( 118,084 27 

for the previous year, . . . . j 2£ per cent., . ( 118,374 59 

Times for the dividends fixed by the by-laws: February 1 and 

August 1. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 5| per cent. 
The total amount of loans with each specified rate of interest: 

$100,000, 4 per cent. ; $259,500, 5 per cent. ; $120,000, 5£ per cent. ; 

$1,262,500, 6 per cent. ; $689,378.62, 6i per cent. ; $47,000, 6| per 

cent.; $1,418,262.50, 7 per cent.; $52,716.80, 7 T % per cent.; 

""23,893.36, 7i per cent. ; $24,840, 8 per cent. 

15 \ 



114 



BANK COMMISSIONERS' REPORT. 



[Jan. 



"Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ' 148 

Aggregate amount of the same, 

Number of open accounts, 10,360 

Number and am't of deposits received for the previous year, 6,268 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any time for the previous year, .... 545 
Number and amount of withdrawals, .... 7,881 
Number of accounts opened during the previous year, . 1,203 
Number of accounts closed during the previous year, . 1,372 

Amount of the expenses of the corporation during the previous 

year, . . . . 15,873 30 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, April 12. 



,140 00 



831,709 95 

310,393 29 
923,739 75 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, 

it tt l Ala 



$150,000 
125,000 



$162,750 00 
131,875 00 



$149,040 83 
132,265 62 



Bank Stock. 



Central Nat'l Bank, Boston, . 


$50,000 


$50,500 00 


$49,417 75 


Webster Nat'l Bank, Boston, . 


3,100 


3,162 00 


2,905 75 


Bevere Nat'l Bank, Boston, 


26,600 


28,994 00 


26,819 88 


New England Nat'l Bank, Boston, . 


4,000 


5,440 00 


4,170 00 


Atlas Nat'l Bank, Boston, 


5,500 


6,372 50 


5,520 00 


Second Nat'l Bank, Boston, 


5,500 


7,733 75 


5,602 95 


North Nat'l Bank, Boston, 


14,600 


16,936 00 


14,067 00 


Third Nat'l Bank, Springfield, 


5,000 


8,000 00 


5,000 00 



Bailroad Bonds. 



Old Colony Bailroad bonds, 




$71,750 00 



$72,450 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



115 



FRANKLIN SAVINGS INSTITUTION — GREENFIELD. 

Incorporated April 2, 1834. Number of corporators, 18. 

Samuel O. Lamb, President. Treasurer, Wm. H. Allen. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$2,961,244 17 


Public funds, .... 


$935,400 00 


Earnings, undi- 




Loans on public funds, . 


3,685 00 


vided, 


29,892 04 


Bank stock, .... 


77,400 00 


Guarantee fund, 


8,000 00 


Loans on bank stock, 


63,238 92 






Railroad bonds, 


132,500 00 






Keal estate beld by foreclosure, 


13,434 99 






Loans on real estate, 


1,085,774 80 






Loans on personal security, . 


239,578 28 






Loans to counties, cities, or 










258,435 00 






Loans to banks on interest, . 


181,915 97 






""Unsettled interest, . 


3,475 49 






^Expense account, 


1,697 92 






Cash on hand, .... 


2,599 84 




$2,999,136 21 


$2,999,136 21 



Loans on Public Funds — amount on each 
On United States bonds, par value, $6,200, 



$3,685 00 



Loans on Bank Stock — amount on each : 
On 10 shares City National Bank, Worcester, . 
On 37 shares First National Bank, Northampton, 
On 18 shares Hampshire Co. National Bank, . 
On 122 shares First National Bank, Greenfield, 
On 15 shares Crocker National Bank, Turner's Falls 
On 94 shares Shelburne Falls National Bank, . 
On 20 shares Franklin Co. National Bank, 
On 50 shares Railroad National Bank, Lowell, 
On 50 shares Redemption National Bank, Boston, 
On 50 shares First National Bank, Easthampton, 
On 49 shares Conway National Bank, Conway, 
On 27 shares Packard National Bank, Greenfield, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, .... 



$450 00 
3,000 00 
1,450 00 
10,825 00 
1,150 00 
8,210 00 
2,000 00 
5,000 00 
5,000 00 
5,000 00 
4,000 00 
2,153 92 

$13,434 99 
13,434 99 



Cash on deposit in Banks : 
Hide and Leather National Bank, Boston, 
First National Bank, Greenfield, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2J- per cent., 

for the previous year, \ 2i per cent., 

Times for the dividends fixed by the by-laws : January and July, 



$128,734 17 
53,181 80 

.061 18 
75,562 19 
74,223 39 



116 



BANK COMMISSIONERS' REPORT. 



[Jan. 



The total amount of loans with each specified rate of interest: 
$15,050, 5 per cent. ; $243,385, 5-J per cent. ; $10,000, 4 per cent. ; 
$1,382,277, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 763 

Aggregate amount of the same, 

Number of open accounts, ..*.... 7,237 

Number and am't of deposits received for the previous year, 2,385 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 227 
Number and amount of withdrawals, .... 3,741 
Number of accounts opened during the previous year, . . 591 
Number of accounts closed during the previous year, . . 803 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 10. 



£670,206 28 

243,262 48 

132,767 60 
509,628 65 



4,573 22 
50,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20s, 1867, . 


$40,000 


$43,400 00 


$40,000 00 


" " ". 6s, 1881, 


90,000 


99,450 00 


90,000 00 


" " " 5s, 1881, 


50,000 


54,000 00 


50,000 00 


City and Town Bonds — 








City of Lowell, .... 


146,000 


150,600 00 


$46,000 00 


Town of Holyoke, . 






75,000 


81,925 00 


75,000 00 


of Amherst, . 






50,000 


59,417 00 


50,000 00 


of Brookline, . 






59,400 


67,617 00 


59,400 00 


City of Springfield, . 






54,000 


62,092 00 


54,000 00 


of Lawrence, . 






30,000 


33,700 00 


30,000 00 


of Nashua, N.H., 






75,000 


83,250 00 


75,000 00 


of Worcester, . 






50,000 


52,292 00 


50,000 00 


of Boston, 






10,000 


10,367 00 


10,000 00 


Town of Stockbridge, 






6,000 


6,330 00 


6,000 00 


City of Cambridge, . 






67,000 


72,925 00 


67,000 00 


Town of Hyde Park, 






40,000 


43,100 00 


40,000 00 


City of Fall River, . 






20,000 


22,100 00 


20,000 00 


Town of Maiden, . 






60,000 


67,125 00 


60,000 00 


City Somerville, 






35,000 


37,727 00 


35,000 00 


of Portland, Me., 






5,000 


5,325 00 


5,000 00 


of Lynn, . 






35,000 


37,012 00 


35,000 00 


of Fitchburg, . 






13,000 


14,560 00 


13,000 00 


Town of Everett, 


25,000 


27,750 00 


25,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



117 







Estimated 




t 


Par Value. 


Market Value. 


Amount Invested. 


First Nat'l Bank, Northampton, 


$4,900 


$6,664 00 


$4,900 00 


First Nat'l Bank, Greenfield, . 


14,600 


24,820 00 


14,600 00 


Commerce Nat'l Bank, Boston, 


20,400 


21,624 00 


20,400 00 


Faneuil Hall Nat'l Bank, Boston, . 


500 


665 00 


500 00 


North America Nat'l Bank, Boston, 


8,700 


9,439 00 


8,700 00 


Revere Nat'l Bank, Boston, 


16,600 


18,094 00 


16,600 00 


Traders' Nat'l Bank, Boston, . 


1,500 


1,541 00 


1,500 00 


Webster Nat'l Bank, Boston, . 


10,200 


10,429 00 


10,200 00 



Railroad Bonds. 



Eastern Railroad bonds (new) , 
Boston & Albany Railroad bonds, 
Vermont & Mass. Railroad bonds, 



$57,500 
25,000 
50,000 



$29,037 00 
29,562 00 
56,166 00 



$57,500 00 
25,000 00 
50,000 00 



, 



118 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GARDNER SAVINGS BAND — GARDNER. 

Incorporated 1868. Number of corporators, 79. 
Henry C. Hill, President. Treasurer, John D. Edgell, 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



3595,215 99 
7,724 23 
2,220 58 



$605,160 80 



Public funds, 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 
Expense account, 
Interest account, 
Cash on band, . 



$21,460 50 

51,952 00 

28,800 00 

8,560 00 

281,295 20 
51,091 36 

132,363 21 

184 14 

1,154 53 

25,299 86 

$605,160 80 



Loans on Bank Stock — amount on each : 
On 122 shares First National Bank, Gardner, . 
On 80 shares Security National Bank, Worcester, 
On 100 shares First National Bank, Winchendon, 



$11,800 00 

7,000 00 

10,000 00 



Cash on deposit in Banks : 
First National Bank, Gardner, 



$25,299 86 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ") 2% per cent., 

for the previous year, ) 2-£- per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 
$161,980.37, 6 per cent. ; $318,569.40, 6b per cent. ; $13,000, 7^- 
per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 413 

Aggregate amount of the same, 

Number of open accounts, 1,844 

Number and am't of deposits received for the previous year, 4,411 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 71 

Number and amount of withdrawals, 794 

Number of accounts opened during the previous year, . . 204 
Number of accounts closed during the previous year, . .169 
Amount of the expenses of the corporation during the previous 



$41,935 10 
14,253 07 
14,120 87 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, July 9. 



289,886 56 

106,826 66 

27,949 22 
94,908 96 



1,173 45 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



119 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, 1868, . 



$20,000 



$22,000 00 



$23,975 00 



Bank Stock. 



Citizens' Nat'l Bank, Worcester, 


$2,000 


$2,480 00 


$2,480 00 


Mechanics' Nat'l Bank, Worcester, 


5,000 


6,250 00 


6,325 00 


First Nat'l Bank, Gardner, 


4,500 


5,625 00 


5,284 00 


State Nat'l Bank, Boston, 


5,000 


5,450 00 


5,612 50 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,220 00 


2,280 00 


Eagle Nat'l Bank, Boston, 


1,100 


1,193 50 


1,284 25 


Crocker Nat'l Bank, Turner's Falls, 


10,000 


10,200 00 


10,000 00 


Orange Nat'l Bank, Orange, . 


10,000 


10,500 00 


10,000 00 


New England JSTat'l Bank, Boston, . 


500 


673 75 


698 75 


Republic ISTat'l Bank, Boston, . 


2,000 


2,610 00 


2,652 50 


Commonwealth Nat'l Bank, Boston. 


3,000 


3,202 50 


3,381 25 


Mechanics' Nat'l Bank, Boston, 


1,500 


1,957 50 


1,953 75 



Railroad Bonds. 



Boston and Albany Railroad bonds, . 




!,560 00 



120 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GEORGETOWN SAVINGS BANK — GEORGETOWN. 

Incorporated 1868. Number of corporators, 61. 
Jeremiah P. Jones, President. Treasurer, Orlando B. Tennet. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$134,690 49 
189 53 
622 75 


Public funds, 

Loans on public funds, . 

Bank stock, k 

Real estate by foreclosure, 

Loans on real estate, 

Loans ou personal security, 

Interest due, 

Cash on band, . 




$2,612 50 
900 00 

20,028 42 
600 00 

92,321 89 

15,440 00 

719 52 

2,880 44 




$135,502 77 






$135,502 77 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $1,000, . 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2\ per cent., 
for the previous year, . . . . . ) 2-| per cent., 
Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
The total amount of loans with each specified rate of interest: 

$6,000, 6| per cent. ; $102,961.89, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 162 

Aggregate amount of the same, 

Number of open accounts, 556 

Number and am't of deposits received for the previous year, . 317 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 17 
Number and amount of withdrawals, ..... 241 
Number of accounts opened during the previous year, . . 82 
Number of accounts closed during the previous year, . . 52 
Amount of the expenses of the corporation during the previous 



year, 



$900 00 

,8,090 15 
2,937 93 
3,142 00 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 8. 



106,361 89 
27,819 25 

11,556 00 

17,973 20 



250 00 
10,000 00 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 

City of Bath, 

of Bangor, . 


$500 
2,000 


$525 00 
2,110 00 


$502 50 
2,110 00 



1878.] 



PUBLIC DOCUMENT — No. 8. * 



121 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Columbian Nat'l Bank, Boston, . # 


$1,300 


$1,840 00 


$1,703 00 


Market Nat'l Bank, Boston, . ' . 


1,000 


1,080 00 


1,130 00 


State Nat'l Bank, Boston, 


3,000 


3,262 00 


3,290 00 


Eleventh Ward Nat'l Bank, Boston, 


1,667 


1,667 00 


2,440 42 


Manufacturers' Nat'l Bank, Boston, 


3,000 


2,985 00 


3,465 00 


Georgetown Nat'l B'k, Georgetown, 


8,000 


8,000 00 


8,000 00 



GRAFTON SAYINGS BANK — GRAFTON. 

Incorporated March 13, 1869. Number of corporators, 49. 

George K. Nichols, President. Treasurer, Hekry F. Wing. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$119,827 35 

6,383,06 

400 00 


Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Cash on hand, . ' . 


$37,449 74 

64,052 67 

2,550 00 

15,000 00 
7,558 00 




$126,610 41 


$126,610 41 



Whole amount of interest or profits received or earned, . . . $7,122 91 
Rate and amount of each semi-annual dividend ") 2-J per cent., . (" 2,813 50 

for the previous year, )2i per cent., .( 2,83137 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$24,300, 6 per cent. ; $18,057.67, 7 per cent. ; $39,245, 7i per 
cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . .54 

Aggregate amount of the same, 49,802 67 

Number of open accounts, 455 

Number and am't of deposits received for the previous year, . 235 20,643 49 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 18 10,331 93 

Number and amount of withdrawals, 228 19,021 33 

Number of accounts opened during the previous year, . . 70 
Number of accounts closed during the previous year, . . 46 
No expenses. 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, May 29. 
16 



122 



BANK COMMISSIONERS' REPORT. 

Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Redemption JSTat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Shawnmt Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 
North ISTat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Maverick JSTat'l Bank, Boston, . 
Massachusetts Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Market Nat'l Bank, Brighton, . 
Eliot Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston, 
North America ISTat'l Bank, Boston, 
Fourth Nat'l Bank, Boston, 
Spencer Nat'l Bank, Spencer, . 
Grafton Nat'l Bank, Grafton, . 



$3,000 
4,000 
2,000 
1,000 
1,500 
1,300 
1,000 
1,600 
1,000 

500 

300 
3,800 
1,000 

500 
2,300 

500 
1,000 
6,300 



$3,990 00 
4,370 00 
2,200 
1,180 
1,695 
1,332 
1,240 
1,648 
1,500 

560 

339 
4,104 
1,100 

505 
2,576 

500 
1,020 



00 
00 
00 
50 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



6,930 00 



$4,187 75 
4,814 00 
2,040 
1,222 
1,744 
1,476 
1,206 
1,885 
1,237 

677 

363 
4,276 
1,230 

550 
2,714 

500 
1,000 
6,325 



00 
75 
50 
12 
25 
50 
50 
12 
25 
00 
00 
00 
00 
00 
00 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



123 



GREENFIELD SAVINGS BANK — GREENFIELD. 

Incorporated March 19, 1869. Number of corporators, 17, 

John Sanderson, President. Treasurer, Henry K. Simons. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$935,895 26 


Public funds, .... 


$20,500 00 


Earnings, undivided, 


5,993 75 


Bank stock, .... 


142,956 40 


Guarantee fund, 


2,500 00 


Loans on bank stock, 


9,348 00 






Railroad bonds, 


10,500 00 






Real estate acquired by fore- 








closure, 


6,173 93 






Loans on real estate, 


457,704 39 






Loans on personal security, . 


197,752 62 






Loans to counties, cities, or 








towns, 


4,985 00 


, 




Expense account, 


1,195 17 






Bank stock tax, ... 


703 01 






Unpaid interest, 


6,657 77 






Premium account, . 


826 87 






Deposit in banks on interest, . 


72,085 85 






Cash on hand, .... 


13,000 00 




$944,389 01 


$944,389 01 



Loans on Bank Stock — amount on each : 
On 66 shares Franklin Co. National Bank, Greenfield, 
On 15 shares Crocker National Bank, Turner's Falls, 
On 10 shares First National Bank, Greenfield, 
On 5 shares Chicopee National Bank, Springfield, . 
On 2 shares Agawam National Bank, Springfield, . 
On 10 shares Adams National Bank, North Adams, 
On 3 shares First National Bank, Brattleborough, . * 

Cash on deposit in Banks : 
Franklin Co. National Bank, 



$4,878 00 

1,500 00 

' 1,000 00 

500 00 

170 00 

1,000 00 

300 00 



,085 85 



Whole amount of interest or profits received or earned, . • . . $64,089 49 
Rate and amount of each semi-annual dividend } 2-J- per cent., . j 23,506 96 

for the previous year, >2| per cent., .1 23,633 83 

Real estate acquired by foreclosure, 6,173 93 

Estimated value of the same, . 12,000 00 



The total amount of loans with each specified rate of interest: 

$669,790.01, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 421 

Aggregate amount of the same, $375,996 72 

Number of open accounts, . . . .. . . . 3,988 

Number and am't of deposits received for the previous year, . 955 116,465 51 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . .112 67,831 75 



124 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals, .... 1,443 $182,436 95 
Number of accounts opened during the previous year, . . 302 
Number of accounts closed during the previous year, . . 319 
Amount of the expenses of the corporation during the previous 

year, . . . . • 2,212 00 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, July 10. 



Public Funds. 





Par Value. 

* 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$20,500 


$21,012 50 


$20,500 00 


Bank Stock. 



Redemption Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Globe JSTat'l Bank, Boston, 
Market Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, . 
Traders' Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Hide and Leather Nat'l Bank, Boston 
First Ward Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Metropolitan Nat'l Bank*, Boston, 
First Nat'l Bank, Greenfield, . 
Chicopee Nat'l Bank, Springfield, 
Agawam JSTat'l Bank, Springfield, 
Third Nat'l Bank, Springfield, 
First Nat'l Bank Springfield, . 
Conway Xat'l Bank, Conway, . 
Franklin Co. JSTat'l Bank, Greenfield 
Athol Nat'l Bank, Athol, 
Holyoke Nat'l Bank, Holyoke, 
Orange Nat'l Bank, Orage, 
Palmer Nat'l Bank, Palmer, . 



$5,200 

7,700 

5,300 

4,200 

6,500 

4,100 

2,300 

3,300 

3,500 

2,500 

600 

300 

1,300 

1,500 

1,000 

5,000 

3,700 

300 

500 

6,000 

5,000 

5,000 

14,000 

2,500 

12,800 

5,000 

5,000 



$6,812 00 

8,470 00 

5,565 

4,536 

7,280 

4,633 

2,507 

4,521 

4,200 

2,600 
702 
402 

1,495 

1,350 

1,420 

4,750 

6,512 
510 
625 
10,180 00 

7,500 00 

5,800 00 
22,400 00 

2,625 00 
14,336 00 

5,350 00 

5,350 00 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$7,006 50 

9,649 75 

5,993 17 

4.850 32 

7,684 80 

5,161 15 

2,593 

3,984 

4,204 

2,607 

641 

423 

1,550 

1,473 

1,557 

5,256 

6,066 00 

510 00 

720 00 

10,180 00 
7,500 00 
5,646 00 

21,055 83 
2,510 00 

14,130 00 
5,000 00 
5,000 00 



71 

25 
20 
65 
89 
43 
25 
75 
50 
25 



Railroad Bonds. 



Eastern Railroad bonds, . 




$10,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



125 



GEE AT BARRINGTON SAYINGS BANK — GREAT BARRINGTON. 

Incorporated February 23, 1869. Number of corporators, 40. 
E. Hollister, President. Treasurer, W. H. Parks. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$475,362 73 
2,515* 61 
1,324 57 



$479,202 91 



Public funds, 

Loans on public funds, 

Bank stock, 

Loans on bank stock, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, c 

towns, 
Expense account, 
Tax account, 
Cash on hand, . 



$16,000 00 

100 00 

108,724 95 

1,875 00 

5,789 42 

267,862 01 

50,758 86 

4,500 00 

1,117 40 

1,859 46 

20,615 81 



$479,202 91 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $100, . 

Loans on Bank Stock — amount on each : 
On 11 shares Mahaiwe National Bank, Great Barrington, 
Savings bank book, . . 



$100 00 



$900 00 
975 00 



Amount of real estate acquired by foreclosure, 
Estimated value of the same, . 



$5,789 42 
6,500 00 



Whole amount of interest or profits received or earned, . . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, ) 2-£ per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 

$4,000, 6 per cent. ; $321,095.57, lj\ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 313 

Aggregate amount of the same, 

Number of open accounts, 1,727 

Number and am't of deposits received for the previous year, . 982 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 118 
Number and amount of withdrawals, .... 1,299 

Number of accounts opened during the previous year, . . 419 
Number of accounts closed during the previous year, . . 501 
Amount of the expenses of the corporation during the previous 



$33,639 90 
11,608 80 
12,248 70 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 5. 



251,632 67 

139,788 00 

69,141 00 
168,066 30 



2,262 03 
10,000 00 



126 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


$15,000 


$16,000 00 


$16,000 00 



Bank Stock. 



Mahaiwe Nat'l B'k, Gt. Barrington, 


$3,800r 


$5,472 00 


$5,445 20 


Lee Nat'l Bank, Lee, 


5,110 


6,205 00 


6,152 00 


Pittsfield Nat'l Bank, Pittsfield, 


300 


405 00 


405 00 


North Adams Nat'l B'k, No. Adams, 


1,000 


1,280 00 


1,280 00 


Housatonic Nat'l Bank, Stockbridge, 


300 


450 00 


450 00 


New England Nat'l Bank, Boston, . 


7,600 


10,108 00 


11,400 00 


Hide and Leather Nat'l B'k, Boston, 


3,800 


4,218 00 


4,408 00 


Eliot Nat'l Bank, Boston, 


5,000 


5,500 00 


6,250 00 


No. America Nat'l Bank, Boston, . 


4,200 


4,704 00 


4,835 25 


Merchants' Nat'l Bank, Boston, 


3,800 


5,054 00 


5,156 87 


Atlantic Nat'l Bank, Boston, . 


1,000 


1,360 00 


1,345 00 


Market Nat'l Bank, Boston, . 


1,700 


1,836 00 


1,926 00 


Hamilton Nat'l Bank, Boston, . 


1,900 


2,128 00 


2,227 75 


Union Nat'l Bank, Boston, 


2,900 


3,944 00 


4,182 50 


Shoe and Leather Nat'l Bank, Boston, 


6,600 


7,524 00 


9,248 50 


Redemption Nat'l Bank, Boston, 


15,900 


21,147 00 


23,104 13 


Blackstone Nat'l Bank, Boston, 


3,200 


3,488 00 


4,259 25 


Commerce Nat'l Bank, Boston, 


4,400 


4,576 00 


5,545 25 


Colnmbian Nat'l Bank, Boston, 


3,000 


4,320 00 


3,960 00 


Suffolk Nat'l Bank, Boston, . 


3,400 


4,148 00 


4,454 00 


Boston Nat'l Bank, Boston, 


900 


1,017 00 


1,190 25 


Faneuil Hall Nat'l Bank, Boston, . 


1,000 


1,330 00 


1,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



127 



GROVELAND SAVINGS B ANK — GROVELAND . 

Incorporated 1869. Number of corporators, 30. 
Moses Foster, President. Treasurer, Nath'l H. Griffith. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$43,032 18 

1,439 59 

60 00 


Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Cash on hand, . . 


$7,276 50 

31,025 00 

4,165 00 

2,065 27 




$44,531 77 


$44,531 77 



Cash on deposit in Banks : 
Essex National Bank, Haverhill, 



Whole amount of interest or profits received or earned, . 

Rate and amount of semi-annual dividend for the previous year, 2-£ 

per cent., 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest: 

$4,000, 7 per cent. ; $31,190, 7^ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 59 

Aggregate amount of the same, 

Number of open accounts, 185 

Number and am't of deposits received for the previous year, . 81 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 3 

Number and amount of withdrawals, 66 

Number of accounts opened during the previous year, . '. 20 
Number of accounts closed during the previous year, . . 18 
Amount of the expenses of the corporation during the previous 



$2,064 64 

$2,615 39 

1,013 59 



35,190 00 

5,917 92 

1,850 00 
8,225 65 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 8. 



55 00 
5,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



First Ward Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston, 
Fourth Nat'l Bank, Lowell, . 
Metropolitan Nat'l Bank, Boston, . 



$800 

2,200 

1,500 

500 

600 



$720 00 

2,750 00 

1,500 00 

500 00 

552 00 



$818 00 

3,809 00 

1,570 00 

490 00 

589 50 



128 



BANK COMMISSIONERS' REPORT. 



[Jan. 



• HAMPDEN SAYINGS BANK — SPRINGFIELD. 

Incorporated 1852. Number of corporators, 45. 
Ellphalet Trask, President. Treasurer, Peter S. Bailey. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,735,434 98 


Public funds, .... 


$205,000 00 


Earnings, undi- 




Loans on public funds, . 


8,200 00 


vided, 


9,836 94 


Bank stock, .... 


205,289 00 


Guarantee fund, 


6,733 00 


Loans on bank stock, 


8,500 00 






Railroad bonds, . . . 


23,000 00 






Peal estate, .... 


60,746 22 






Loans on real estate, 


932,305 00 






Loans on personal security, . 


271,775 00 






Loans to cities and towns, 


13,600 75 






Loans on railroad stock, . 


1,500 00 






Expense account, ? 


1,623 95 


» 




Tax fund, 


2,468 40 






Premium account, . 


5,635 00 






Cash on hand, .... 


12., 361 60 




$1,752,004 92 


$1,752,004 92 



Cash on deposit in bank : 
In Agawain National Bank, Springfield, 



5,700 00 



Loans on Public Funds — amount on each: 
On United States bonds, par value, $9,600, 

Loans on Bank Stock — amount on each : 
On 50 shares Holyoke National Bank, 
On 36 shares Agawam National Bank, 
On 9 shares Franklin Co. National Bank, 



,200 00 



$4,000 00 

3,600 00 

900 00 



Amount of real estate held by foreclosure, 
Estimated market value of real estate, 



,087 37 
60,000 00 



Whole amount of interest or profits received or earned, . . . $111,307 67 
Bate and amount of each semi-annual dividend ) 2-J per cent., . ( 43,220 60 

for the previous year, j 2£ per cent., . \ 43,056 59 

Times for the dividends fixed by the by-laws: February 15 and 

August 15. 
The total amount of loans with each specified rate of interest : 

$1,235,880.75, 6£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 215 

Aggregate amount of the same, ,. 284,755 00 

Number of open accounts, 3,730 

Number and am't of deposits received for the previous year, 2,705 413,545 60. 
Number and amount of deposits of, and exceeding, three, hundred 
dollars at any one time for the previous year, . . . 332 198,321 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



129 



Number and amount of withdrawals, . . . . 2,874 $454,310 31 
Number of accounts opened during the previous year, . . 696 
Number of accounts closed during the previous year, . . 774 
Amount of the expenses of the corporation during the previous 

year, 6,000 00 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 8. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5s, . 
" " " 5-20s, 



$50,000 
155,000 



$53,875 00 
166,525 00 



$50,000 00 
155,000 00 



Bank Stock. 






Agawam Nat'l Bank, Springfield, . 


$51,100 


$61,320 00 


$57,665 00 


First Nat'l Bank, Chicopee, . . 


4,000 


6,000 00 


5,030 00 


First Nat'l Bank, Boston, 


8,800 


16,368 00 


8,800 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,400 00 


7,500 00 


Hadley Falls Nat'l Bank, Holyoke . 


4,000 


6,000 00 


4,732 00 


Merchants' Nat'l Bank, Boston, 


23,000 


30,820 00 


27,210 00 


Monson Nat'l Bank, Monson, . 


2,000 


3,000 00 


2,200 00 


Commerce Nat'l Bank, Boston, 


10,000 


10,600 00 


10,865 00 


Tremont Nat'l Bank, Boston, . 


600 


660 00 


600 00 


Third Nat'l Bank, Springfield, 


6,400 


9,920 00 


9,760 00 


Revere Nat'l Bank, Boston, 


10,000 


10,900 00 


10,000 00 


Webster Nat'l Bank, Boston, . 


4,000 


. 4,100 00 


4,292 00 


Ware Nat'l Bank, Ware, . 


10,000 


13,000 00 


12,550 00 


Holyoke Nat'l Bank, Holyoke, 


16,000 


17,600 00 


16,000 00 


Hampshire Co. Nat.B'k,Northampt'n, 


4,100 


4,920 00 


4,100 00 


Pynchon Nat'l Bank, Springfield, . 


6,500 


10,985 00 


10,985 00 


First Nat'l Bank, Northampton, 


3,000 


4,200 00 


3,000 00 


Wachusett Nat'l Bank, Fitchburg, . 


10,000 


5,200 00 


10,000 00, 



Railroad Bonds. 



Eastern Railroad bonds, . 




$12,250 00 



$23,000 00 



17 



130 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAMPSHIEE SAVINGS BANK — NORTHAMPTON. 

Incorporated 1869. Number of corporators, 27. 

Luther Bodman, President. Treasurer, Lewis Warner. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$498,006 63 
7,029 48 
1,300 00 


Bank stock, .... 
Loans on bank stock, 
Real estate, .... 
Loans on real estate by fore- 
closure, . . . 
Loans on personal security, . 
Loans to banks on interest, . 
Expense account, 


$191,759 92 

21,900 00 

3,500 00 

200,936 95 

47,385 00 

40,392 74 

461 50 




$506,336 11 


$506,336 11 



Loans on Bank Stock — amount on each: 

On 179 shares Hampshire County National Bank, Northampton, . $17,900 00 

On 8 shares Northampton National Bank, Northampton, . . 800 00 

On 9 shares First National Bank, Northampton, . ... . 900 00 

On 23 shares First National Bank, Easthampton, .... 2,300 00 



Cash on deposit in Banks : 
Hampshire County National Bank, Northampton, 



$40,392 74 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend i 2£ per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : May 15 and Novem- 
ber 15. 
Amount of real estate acquired by foreclosure, . , . . 

Estimated value of the same, 

The total amount of loans with each specified rate of interest: 

$270,221.95, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 168 

Aggregate amount of the same, 

Number of open accounts, 2,659 

Number and ain't of deposits received for the previous year, . 826 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 99 

Number and amount of withdrawals, 821 

Number of accounts opened during the previous year, . . 258 
Number of accounts closed during the previous year, . . 161 
Amount of the expenses of the corporation during the previous 



:i 



$30,661 68 
11,348 19 
11,610 10 



$3,500 00 
3,500 00 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, July 24. 



$196,720 95 

122,962 41 

60,069 00 
99,204 83 



1,650 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



131 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Hampshire Co. Nat'l B'k, North'pt'n, 
' Northampton Nat'l B'k, Northampt'n, 
First Nat'l Bank, Northampton, 
First Nat'l Bank, Easthampton, 
John Hancock Nat'l B'k, Springfield, 
Chicopee Nat'l Bank, Springfield, 
Agawam Nat'l Bank, Springfield, 
Mechanics' Nat'l Bank, Worcester, 
First JSTat'l Bank, Chicopee, 
Conway Nat'l Bank, Conway, . 
Ware Nat'l Bank, Ware, 
Union Nat'l Bank, Weymouth, 
North Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Shawmut Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Commerce Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Continental Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
North America Nat'l Bank, Boston 
Market Nat'l Bank, Boston,, . 
Mt. Vernon Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Merchants' Nat'l Bank, Lowell, 
Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
Globe Nat'l Bank, Boston, 
Third Nat'l Bank, Boston, 
Second Nat'l "Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston, 



$40,000 
7,800 
4,100 
9,000 
2,000 

500 

800 
2,500 
2,400 
2,800 
1,600 
1,300 
10,000 
3,300 
3,500 
3,200 
2,000 
4,200 
3,500 

800 
1,000 
3,500 

700 
4,000 
3,000 

900 
3,300 
3,600 

700 
1,500 
3,000 
3,000 
1,000 
4,800 
1,500 
5,000 
1,300 
1,200 
1,000 
3,000 



$48,000 00 
10,920 00 

5,576 
11,700 

2,600 
800 

1,120 

3,500 
. 3,755 

3,276 

2,080 

1,495 
12,661 

3,828 

4,165 

3,552 

2,140 

4,704 

3,990 

1,032 

1,130 

3,745 
903 

4,400 

4,050 

1,236 

3,960 

3,960 
805 

1,815 

3,660 

3,300 

1,240 

5,356 

1,920 

7,000 

1,300 

1,284 

1,020 

3,480 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$46,926 
11,857 
5,488 
11,250 
2,490 
800 
1,088 
3,395 
3,755 
3,119 
2,072 
1,592 
12,661 
3,695 
4,477 
3,797 
2,505 
5,386 
4,030 
1,032 
1,147 
4,219 
896 
4,635 
4,260 
1,221 
3,902 
4,640 
906 
1,920 
3,870 
3,607 
1,436 
5,651 
2,100 
7,900 
1,465 
1,476 
1,040 
4,047 



00 
50 
00 
00 
00 
00 
00 
00 
00 
00 
00 
50 
00 
00 
50 
00 
00 
00 
00 
00 
50 
37 
00 
00 
00 
75 
75 
00 
00 
00 
00 
50 
25 
87 
93 
00 
00 
00 
00 
50 



132 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAVERHILL SAVINGS BANK — HAVERHILL. 

Incorporated 1829. Number of corporators, 20. 

John A. Apdleton, President. Treasurer, Addison B. Jaqites. 

Statement. 



Liabilities- 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 



$2,847,770 80 

20,972 65 
17,54;* 53 



Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Cash on hand, . 



$867,600 00 

3,660 00 

504,650 00 

18,800 00 

132,000 00 

1,100,800 00 

45,8(50 00 

64,000 00 
69,926 08 



$2,886,286 08 



$2,886,286 08 



Loans on Public Funds — amount on each 
On tfnited States bond, par value, $3,750, . 



$3,650 00 



Loans on Bank Stock — amount on each : 
On 176 shares Essex National Bank, Haverhill, .... $15,800 00 
On 10 shares Merrimack National Bank, Haverhill ; 15 shares Tre- 
mont National Bank, Boston ; 7 shares Boston National Bank, 
Boston, 3,000 00 



Cash on deposit on Banks : 
Haverhill National Bank* Haverhill, * 



$56,000 00 



Whole amount of interest or profits received or earned, . . . $181,470 16 
Rate and amount of each semi-annual dividend > 2£ per cent., . ( 67,608 47 

for the previous year, ) 2-£ per cent., • ( 68,952 32 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 7£ per cent. 
The total amount of loans with each specified rate of interest: 

$1,332,110, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ....*. 543 

Aggregate amount of the same, ♦ 739,500 00 

Number of open accounts, 7,558 

Number and ain't of deposits received for the previous year, 3,417 304,770 00 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . 251 126,572 00 

Number and amount of withdrawals, . . . * 3,274 357,843 IS 
Number of accounts opened during the previous year, . 1,070 



1878.J 



PUBLIC DOCUMENT— No- 8. 



133 



Number of account! closed during "the previous year, . . 775 
Amount, oi the expenses of the corporation during the previous 

year, $%,928 25 

Amount of treasurer^ bonds, 20,000 00 

Date of examination by Commissioner, June 27. 



Public Funds. 





Pat Value. 


Eftimated 
Market Value. 


Amount Inverted. 


United States bond ., 


$255,000 


$273,887 50 


$255,000 00 


City and Town Bonds — 








City of Boston, 


$100,000 


•'-104.000 00 


$100,000 00 


of Haverhill, 




100,500 


100.0:50 00 


100.500 00 


of Portsmouth, N.I I., 




56,500 


58,010 00 


50.500 00 


of Fall River, . 




00.000 


01,: 300 00 


00.000 00 


of Dover, X.H., 




46,800 


48.152 00 


46,300 00 


of Somerville, . 




20.000 


21.200 00 


20.000 00 


of Cambridge, . 




35,000 


37,450 00 


35,000 00 


of Nashua, S .11. 




.'55,000 


37,100 00 


.'55.000 00 


of Portland, Me., 




15.000 


15.750 00 


15,000 00 


of Lawrence, . 




28.000 


.'50.520 00 


28.000 00 


Town of Natiek, 




20,000 


21,200 00 


20.000 00 


of V\ 'inthrop, . * 




20,000 


22,000 00 


20.000 00 


City of Charlestown, 




20.000 


21.400 00 


20,000 00 


Town of Bradford, . 




18,000 


14,800 00 


13,000 00 


City of Rockland, Mo., . 




5,800 


5,45.0 00 


5. .'500 00 


of Manchester, X.H., 




5,000 


5,300 00 


5.000 00 


of Lynn, . 




10.000 


10,000 00 


10.000 00 


Town of Winchester, 




13,000 


13,260 00 


l.'5.000 00 



Bans Stock. 



Haverhill Nat/1 Bank, Haverhill, 
Merrimacfe KTat'l Bank, Haverhill, 
E ox Nat'l Bank, Haverhill, . 
First Nat'l Bank, Haverhill, . 
Metnuen Nat'l Bank, Methuen, 
First Nat'l Bank, Maiden, • . 
Bay State Nat'l Bank, Lawrence, 
Andover Nat'l Bank, Andover, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Nat'l Bank of No. America, Boston 
Nat'l Bank of Redemption, Boston, 
Nat'] liank of Republic, Boston, 
Nat'l Hide and Leather Bank, Boston* 
Atlas .Nat'l liank, Boston, 
Howard Nat'l Bank, Boston, . 
Exchange Nat'l liank, Boston, 

Shawmut Nat'l liank, Boston, . 

North Nat'l Bank, Boston, 





$37 


500 




27 


500 




10 


700 




13 


000 




10 


000 




10 


000 




<> 



750 






200 




20 


700 




20 


700 




20 


700 




25 


400 




22 


500 


tl, 


20 


000 




20 


000 




15 


000 




15 


000 




15 


000 




15 


000 



$52,500 
.'50.875 
10.205 
10.250 
11,500 
13,000 
4,750 
8,770 
28,702 
30,504 
28,000 
30,320 
29,362 
22,400 
2:j, 050 
10,875 
24,000 
17,700 
17,400 



00 


. .8:57, 


00 


27. 


00 


16, 


00 


13, 


00 


10. 


00 


10, 


00 


a 


00 





50 


20. 


75 


20, 


50 


20, 


00 


25. 


50 


22, 


00 


20, 


00 


20, 


00 


15, 


00 


15, 


00 


15, 


00 


15, 



.500 
,700 
.000 
.000 
,000 
,750 
,200 
.700 
,700 
,700 
,400 
.500 
.000 
,000 
.000 
.000 
,000 
,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



134 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 



Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Suffolk Xat'l Bank, Boston, . 


$15,000 


$18,300 00 


'$15,000 00 


Xat'l City Bank, Boston, 


15,000 


17,287 


50 


15,000 00 


Faneuil Hall Xat'l Bank, Boston, . 


10,000 


13,325 


00 


10,000 00 


Maverick Xat'l Bank, Boston, . 


10,000 


15,000 


00 


10,000 00 


Traders' Xat'l Bank, Boston, . 


10,000 


10,400 


00 


10,000 00 


Continental Xat'l Bank, Boston, 


10,000 


10,100 


00 


10,000 00 


Globe Xat'l Bank, Boston, 


10,000 


11,000 


00 


10,000 00 


Eagle Xat'l Bank, Boston, 


8,000 


8,640 


00 


8,000 00 


Shoe and Leather Xat'l B'k, Boston, 


7,500 


8,850 


00 


7,500 00 


Hamilton Xat'l Bank, Boston, 


7,500 


8,850 


00 


7,500 00 


Columbian Xat'l Bank, Boston, 


5,000 


6,800 


00 


5,000 00 


Webster Xat'l Bank, Boston, . 


5,000 


5,100 


00 


5,000 00 


First Xat'l Bank, Boston, 


5,000 


9,250 


00 


5,000 00 


State Xat'l Bank, Boston, 


5,000 


5,437 


50 


5.000 00 


Third Xat'l Bank, Boston, 


5,000 


5,400 


00 


5,000 00 


Fourth Xat'l Bank, Boston, 


5,000 


4,250 


00 


5,000 00 


Manufacturers' Xat'l Bank, Boston, 


10,000 


9,950 


00 


10,000 00 


Xat'l Bank of Commerce, Boston, . 


5,000 


5,275 


00 


5,000 00 


Everett Xat'l Bank, Boston, . 


4,000 


4,360 


00 


4,000 00 


Eliot Xat'l Bank, Boston, 


3,000 


3,240 


00 


3,000 00 



Railroad Bonds. 



Boston and Maine Railroad bonds, . 


$75,000 


$82,687 50 


$75,000 00 


Eastern Railroad bonds, . 


26,000 


13,000 00 


26,000 00 


Old Colony Railroad bonds, 


15,000 


15,700 00 


15,000 00 


Xew Bedford & Taunton R.R. bonds, 


10,000 


10,000 00 


10,000 00 


West Amesbury Branch R.R. bonds, 


6,000 


6,300 00 


6,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



135 



HAYDENVILLE SAVINGS BANK — HAYDENVILLE. 

Incorporated March 17, 1869. Number of corporators, 70. 
Joel Havden, President. Treasurer, B. S. Johnsoh. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$229,120 08 

2,588 80 

542 71 


Bank stock, .... 
Railroad bonds, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Deposit in banks on interest, . 

Expense account, 

Cash on hand, .... 


$6,835 00 

5,737 50 

114,123 20 

90,608 77 

2,900 00 

5,437 66 

270 50 

6,338 96 




$232,251 59 


$232,251 59 



Cash on deposit in Banks : 

First National Bank, Northampton, $5,437 66 

Conway National Bank, Conway, 86 58 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2f per cent., . ( 

for the previous year, ) 2£ per cent. , . ( 

Times for the dividends fixed by the by-laws : second Tuesday of 

January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6 T 5 ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$207,631.97, 7 per cent. ; $80,350, 7 T 3 T per cent. ; $93,512.57, 8 per 

cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 226 

Aggregate amount of the same, 

Number of open accounts, . . 841 

Number and am't of deposits received for the previous year, . 604 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 49 

Number and amount of withdrawals, 562 

Number of accounts opened during the previous year, . . 182 
Number of accounts closed during the previous year, . . 125 
Amount of the expenses of the corporation during the previous 



year, 



15,372 82 
5,575 38 
5,205 60 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 24. 



131,948 51 

69,080 06 

27,792 87 
48,128 27 



1,161 56 
20,000 00 



136 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Conway Xat'l Bank, Conway, . 


$6,000 


$6,900 00 


$6,835 00 


Railroad Bonds. 


Boston and Albany Railroad bonds, . 


$5,000 


$5,800 00 


$5,737 50 



HINGHAM INSTITUTION FOR SAVINGS — HINGHAM. 

Incorporated April 2, 1834. Number of corporators, 62. 

Daniel Bassett, President. Treasurer, Henry C. Harding. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,643,497 47 


Public funds, .... 


$82,000 00 


Earnings, undi- 




Bank stock, .... 


142,600 00 


vided, 


11,458 55 


Loans on bank stock, 


992 00 


Guarantee fund, 


4,026 40 


Railroad bonds, 


45,000 00 






Real estate, .... 


2,500 00 






Real estate by foreclosure, 


8,616 41 






Loans on real estate, 


1,118,714 13 






Loans on personal security, . 


106,165 95 






Loans on railroad stock, . 


500 00 






Loans to counties, cities, or 










42,500 00 






Deposit in banks on interest, . 


82,937 17 






Suspense account, 


863 72 






Expense account. 


2,162 75 






Cash on hand and in banks, . 


23,430 29 




$1,658,982 42 


$1,658,982 42 



Loans on Bank Stock — amount on each: 

On 17 shares Hingham National Bank, Hingham, .... $992 00 

Loans on Railroad Stock — amount on each : 

On 6 shares Boston and Providence Railroad, $500 00 

Amount invested in real estate, . ....... $2,500 00 

Estimated value of real estate, 3,000 00 

Amount of real estate held by foreclosure, 8,616 41 

Estimated value of real estate held by foreclosure, .... 8,700 00 

Cash on deposit in Banks : 

Hingham National Bank, Hingham, . ... . . . $13,755 64 

Webster National Bank, Boston, 9,195 79 



1878.] 



PUBLIC DOCUMENT — No. 8. 



137 



New England Trust Co., Boston, . . . 

National Shoe and Leather Bank, Boston, .... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, ) 2| per cent. , 

Times for the dividends fixed by the by-laws: first Tuesday of 

January and July. 
Average annual per cent of dividends for the term ending at the 

time of, and including, the last extra dividend : 7£ per cent. 
The total amount of loans with each specified rate of interest: 

$25,000, 5 per cent. ; $424,152, 6 per cent. ; $76,000, 6£ per cent. ; 

$676,610, 7 per cent. ; $4,850, 7 T 3 7 per cent. ; $22,010, 7-fc per cent. ; 

$40,250, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 341 

Aggregate amount of the same, 

Number of open accounts, 3,739 

Number and am't of deposits received for the previous year, . 950 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 129 
Number and amount of withdrawals, .... 1,471 
Number of accounts opened during the previous year, . . 247 
Number of accounts closed during the previous year, . . 271 
Amount of the expenses of the corporation during the previous 



year, 



252 41 
63,684 76 



:{ 



084 82 
39,338 45 
39,795 54 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 18. 



274,995 00 

123,383 77 

79,048 24 
156,917 09 



3,116 37 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 
" " • " 5-20s, 



$48,500 
33,500 



$53,471 25 
36,305 62 



$48,500 00 
33,500 00 



Bank Stock. 



Hingham Nat'l Bank, Hingham, 


$10,500 


$10,500 00 


$14,500 00 


Abington Nat'l Bank, Abington, 


1,500 


1,920 00 


1,500 00 


Union Nat'l Bank, Weymouth, 


2,800 


3,052 00 


2,800 00 


Old Colony Nat'l Bank, Plymouth, . 


1,600 


2,048 00 


1,600 00 


First Nat'l Bank, Chelsea, 


3,000 


3,240 00 


3,000 00 


First Nat'l Bank, Boston, 


5,000 


9,250 00 


5,000 00 


Merchants' Nat'l Bank, Boston, 


7,500 


9,993 00 


7,500 00 


Union Nat'l Bank, Boston, 


5,000 


6,650 00 


5,000 00 


State Nat'l Bank, Boston, 


2,600 


2,821 00 


2,600 00 


Globe Nat'l Bank, Boston, 


3,000 


3,307 00 


3,000 00 


Suffolk Nat'l Bank, Boston, . 


2,300 


2,783 00 


2,300 00 


Market Nat'l Bank, Boston, . 


3,600 


3,834 00 


3,600 00 


Republic Nat'l Bank, Boston, . 


7,500 


9,787 00 


7,500 00 



18 



138 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Atlantic Nat'l Bank, Boston, . 


$3,800 


$5,054 00 


$3,800 00 


Eagle Nat'l Bank, Boston, 


10,000 


10,800 00 


10,000 00 


New England Nat'l Bank, Boston, . 


2,000 


2,685 00 


2,000 00 


City Nat'l Bank, Boston, 


3,200 


3,688 00 


3,200 00 


Tremont Nat'l Bank, Boston, . 


8.000 


8,780 00 


8,000 00 


Atlas Nat'l Bank, Boston, 


7,500 


8,602 00 


7,500 00 


Commerce Nat'l Bank, Boston, 


11,000 


11,660 00 


11,000 00 


Hamilton Nat'l Bank, Boston, 


4,200 


4,966 00 


4,200 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,925 00 


5.000 00 


Revere Nat'l Bank, Boston, 


15,000 


16,350 00 


15,000 00 


No. America Nat'l Bank, Boston, . 


8,000 


8,680 00 


8,000 00 


Webster Nat'l Bank, Boston, . 


5,000 


5,112 00 


5,000 00 



Railroad Bonds. 



Boston and Lowell R.R. bonds, 7s, . 


$10,000 


$10,775 00 


$10,000 00 


Boston and Maine R.R. bonds, 7s, . 


10,000 


11,000 00 


10,000 00 


Boston and Albany R.R. bonds, 7s, . 


10,000 


11,550 00 


10,000 00 


Old Colony R.R. bonds, 7s, 


10,000 


11,050 00 


10,000 00 


Eastern Railroad bonds (new), 


5,000 


2,518 00 


5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



139 



HOLYOKE SAVINGS BANK — HOLYOKE. 

Incorporated 1855. Number of corporators, 77. 
Joel Russell, President. Treasurer, R. B. Johnson. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


.$946,085 13 

30,656 42 

4,000 00 


Public funds, 

Bank stock, 

Loans on bank stock, 

Loans on real estate, 

Loans on personal security, 

Expense account, 

Deposit in banks on interest, 

Premium, .... 

Cash on hand, . 




$ 67,000 00 

169,544 17 

3,000 00 

565,350 00 

104,575 00 

1,327 67 

38,880 08 

4,000 00 

27,064 63 




.$980,741 55 






$980,741 55 



Loans on Bank Stock — amount on each : 
On 30 shares Holyoke National Bank, 

Cash on deposit in Banks: 

Holyoke National Bank, 

Commonwealth National Bank, Boston, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, 1 1\ per cent., 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans with each specified rate of interest: 

$669,625, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 184 

Aggregate amount of the same, 

Number of open accounts, 3,031 

Number and am't of deposits received for the previous year, 3,617 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 117 
Number and amount of withdrawals, ..... 2,779 
Number of accounts opened during the previous year, . . 666 
Number of accounts closed during the previous year, . . 556 
Amount of the expenses of the corporation during the previous 



$3,000 00 



$19,025 80 
19,854 28 

$67,545 32 
25,150 13 
21,807 02 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 25. 



239,275 00 

210,451 00 

67,741 00 
239,753 27 



3,400 00 
20,000 00 



140 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 6s, . 
" " " 5s, . 

State bonds — Massachusetts 5s, 



$40,000 
10,000 

$17,000 



143,900 00 
10,600 00 

$18,700 00 



$40,000 00 
10,000 00 

$17,000 00 



Bank Stock. 



Holyoke Xat'l Bank, Holyoke, 
Hadley Falls Nat'l Bank, Holyoke, 
Agawam Nat'l Bank, Springfield, 
First Nat'l Bank, Spring-field, . 
Second Nat'l Bank, Springfield, 
Third tfat'l Bank, Springfield, 
Chicopee Nat'l Bank, Springfield, 
John Hancock Nat'l B'k, Springfield, 
First Nat'l Bank, Northampton, 
jSTorthamp'n Nat'lB'k, Northampton, 
Hampshire Co. Nat'l B'k, Nbrth'pton, 
First Nat'l Bank Easthampton, 
Railroad Nat'l Bank, Lowell, . 
Townsend JSTat'l Bank, Townsend, 
Shelburne Falls Nat'l B'k, Shelburne 

Falls, . . . 
Conway Kat'l Bank, Conway, . 
First Nat'l Bank, Westfield, . 
First jSTat'l Bank, South Adams, 
Pittsfield Nat'l Bank, Pittsfield, 
Chapin Banking and Trust Company 

Springfield, .... 



$33,800 
12,800 
8,900 
5,700 
4,900 
13,500 
3,100 
4,900 
9,500 
7,600 
2,000 
4,200 
3,400 
6,100 

300 
5,700 

400 
2,200 

100 

2,500 



$36,504 00 


19,800 00 


11,150 00 


7,400 00 


8,820 00 


21,600 00 


4,805 00 


5,880 00 


12,635 00 


7,600 00 


2,400 00 


4,910 00 


3,910 00 


7,625 00 


390 00 


6,612 00 


560 00 


2,860 00 


140 00 


2,750 00 



00 
67 
00 
09 
00 



$34,230 
18,959 
11,595 

6,988 

9,142 
20,678 41 

4,935 00 

6,197 
12,707 
11,670 

2,400 

4,910 

4,128 

8,213 



00 
50 
00 
00 
00 
00 
00 



369 50 

6,570 00 

412 00 

2,800 00 

139 00 

2,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



141 



HOLLISTON SAVINGS BANK — HOLLISTON. 

Incorporated February 27, 1872. Number of corporators, 50. 
Seth Thayer, President. Treasurer, Orrin Thomson. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$267,410 93 

5,285 06 

800 00 



Public funds, 

Loans on public funds, 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 
Loans to banks, 
Cash on band, . 



$273,495 99 



$18,908 75 

3,165 93 

22,075 75 

5,255 00 

4,000 00 

2,550 00 

173,075 00 

30,330 00 

8,000 00 
2,899 96 
3,235 60 



$273,495 99 



Real estate acquired by foreclosure, 
Estimated value of the same, " . 



52,550 00 
2,550 00 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $3,800, 



5,165 93 



Loans on Bank Stock — amount on each : 
On 63 shares Holliston National Bank, Holliston, 



$5,255 00 



Cash on deposit in Banks : 
Holliston National Bank, Holliston, 



$2,899 96 



$15,628 58 
5,910 46 
5,516 88 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2h per cent., . ( 

for the previous year, > 2£ per cent., . | 

Times for the dividends fixed by the by-laws : June and December. 
The total amount of loans with each specified rate of interest: 

$3,565.93, 6 per cent. ; $208,260, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 182 

Aggregate amount of the same, 172,825 

Number of open accounts, 930 

Number and am' t of deposits received for the previous year, . 794 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 77 

Number and amount of withdrawals, 548 

Number of accounts opened during the previous year, . . 206 
Number of accounts closed during the previous year, . .115 



77,638 40 

42,042 41 
51,221 75 



\ 



[Jan. 



142 BANK COMMISSIONERS' REPORT. 

Amount of the expenses of the corporation during the previous 

year, ...... $1,300 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, June 1. 



Public Funds. 





Par Value. 


Estimated 
„ , ■ , Amount Invested. 
Market Value. 


United States bonds, 

City and Town Bonds — 
Town of Holliston, .... 
City of Worcester, .... 


$11,200 

$3,000 
4,000 


$11,832 00 

$3,000 00 
4,340 00 


$12,208 75 

$3,000 00 
3,700 00 



Bank 


Stock. 






Holliston Xat'l Bank, Holliston, 


$11,400 


$13,452 00 


$13,615 00 


Traders' Xat'l Bank, Boston, . 


3,000 


3,100 00 


3,408 75 


State Xat'l Bank, Boston, 


400 


435 00 


442 00 


Franklin Xat'l Bank, Franklin, 


1,400 


1,610 00 


1,610 00 


Home Nat'l Bank, Brockton, . 


3,000 


3,120 00 


3,000 00 



Railroad Bonds. 



Eastern Railroad bonds, . 



$5,000 



$2,500 00 



$4,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



143 



HOME SAVINGS BANK — BOSTON. 

Incorporated 1869. Number of corporators, 47. 

Henry Smith, President. Treasurer, B. N. Bullock. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$3,393,867 59 


Public funds, .... 


$55,000 00 


Earnings, undi- 




Loans on public funds, . 


2.100 00 


vided, 


79,131 88 


Bank stock, .... 


447.750 94 


State tax, . 


7,000 00 


Loans on bank stock, 


33,850 00 


Guarantee fund, 


10,000 00 


Railroad bonds, 


57,098 75 






Real estate, .... 


72,450 00 






Loans on real estate, 


2,458, 3S5 41 






Loans on personal security, . 


221,500 00 






insurance account, . 


566 90 






Loans on railroad stock, . 


3,500 00 






Loans to counties, cities, or 








towns, 


53,000 00 






Deposit in banks on interest, . 


6,74(5 61 






Expense account, 


(559 27 






Accrued interest, 


63,870 00 






Cash on band, .... 


13,521 59 




$ 3,489,999 47 


$3,489,999 47 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $2,100, ... . . 

Loans on Bank Stock — -amount on each : 

On 100 shares Central National Bank, Boston, 

On 100 shares South Reading National Bank, South Reading, 

On 15 shares Boylston National Bank, Boston, .... 

On 7 shares Globe National Bank, Boston, . ... 

On 50 shares Dedham National Bank, Dedham, .... 

On 19 shares Bristol Co. National Bank, Taunton ; 4 shares Taun- 
ton National Bank, Taunton, . 

On 10 shares Washington National Bank, Boston ; Home Savings 
Bank book, $1,131.25, 

Loans on Railroad Stock — amount on each: 

On 2 shares Boston and Maine Railroad, 

On 26 shares Old Colony Railroad, 

On 10 shares Boston and Providence Railroad, .... 

Amount of real estate held by foreclosure, 

Estimated value of real estate held by foreclosure, .... 

Cash on deposit in Banks : 
Central National Bank, Boston, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2£ per cent., 
for the previous year, ) 2 percent., 



$2,100 00 



$9,300 00 
12,000 00 

1,500 00 
750 00 

6,000 00 

2,000 00 
2,250 00 



$200 00 
2,300 00 
1,000 00 

$72,450 00 
74,400 00 



$6,746 61 

$215,678 39 
[ $87,813 33 
[ 67,164 88 



144 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Times for the dividends fixed by the by-laws : second Wednesda y 

of April and October. 
The total amount of loans with each specified rate of interest : 
$10,000, 4 per cent. ; $1,400, 5 per cent. ; $212,650, 6 per cent. ; 
$42,500, 6i per cent. ; $1,348,975.41, 7 per cent. ; $11,800, 7 t 3 q 
per cent. ; $75,000, 7J per cent. ; $261,400, 7i per cent. ; $808,610, 
8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 164 

Aggregate amount of the same, 329,309 00 

Number of open accounts, 19,637 

Number and am't of deposits received for the previous year, 9,589 638,632 08 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 516 275,822 23 
Number and amount of withdrawals, .... 13,256 1,192,203 38 
Number of accounts opened during the previous year, . 1,432 
Number of accounts closed during the previous year, . 3,371 
Amount of the expenses of the corporation during the previous 

year, * 20,115 28 

Amount of treasurer's bonds, . 30,000 00 

Date of examination by Commissioner, April 20. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 



$50,000 



$55,000 00 



$55,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 


$18,000 


$20,700 00 


$20,700 00 


Blackstone Nat'l Bank, Boston, 


10,800 


11,556 00 


11,556 00 


Boston Nat'l Bank, Boston, 


1,400 


1,596 00 


1,332 00 


Central Nat'l Bank, Boston, . 


43,300 


43,300 00 


43,300 00 


Columbian Nat'l Bank, Boston, 


4,000 


5,600 00 


5,251 20 


Nat'l Bank of Commerce, Boston, . 


4,000 


4,240 00 


4,240 00 


Eliot Nat'l Bank, Boston, 


5,200 


5,616 00 


5,616 00 


First Nat'l Bank, Boston, 


9,000 


16,650 00 


16,650 00 


Freeman's Nat'l Bank, Boston, 


9,800 


10,584 00 


10,584 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,600 00 


5,600 00 


Howard Nat'l Bank, Boston, . 


12,800 


14,336 00 


13,908 87 


Hamilton Nat'l Bank, Boston, 


8,000 


9,440 00 


9,440 00 


Market Nat'l Bank, Brighton, . 


14,300 


23,452 00 


20,449 00 


Market Nat'l Bank, Boston, . 


15,000 


15,900 00 


15,900 00 


Massachusetts Nat'l Bank, Boston, . 


5,000 


5,500 00 


5,500 00 


Merchants' Nat'l Bank, Boston, 


10,000 


13,300 00 


12,593 00 


New England Nat'l Bank, Boston, . 


20,000 


26,800 00 


26,800 00 


North Nat'l Bank, Boston, 


20,000 


23,400 00 


23,400 00 


Nat'l Bank North America, Boston, . 


5,000 


5,400 00 


5,400 00 


Nat'l Bank of Redemption, Boston, . 


11,300 


14,690 00 


14,690 00 


Nat'l Revere Bank, Boston, 


20,000 . 


21,800 00 


21,800 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



145 



Bank Stocb 


: — Concluded. 








Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Nat'l Bank of Republic, Boston, 


$18,000 


$23,400 00 


$22,564 87 


Shawmut Nat'l Bank, Boston, . 


18,000 


21,240 00 


21,240 00 


Second Nat'l Bank, Boston, 


40,000 


56,000 00 


56,000 00 


Shoe and Leather Nat'l B'k, Boston, 


8,200 


9,676 00 


9,676 00 


Suffolk Nat'l Bank, Boston, . 


4,000 


4,840 00 


4,840 00 


Tremont Nat'l Bank, Boston, . 


18,200 


20,020 00 


20,020 00 


Union Nat'l Bank, Boston, 


10,000 


13,600 00 


13,600 00 


Webster Nat'l Bank, Boston, . 


5,000 


5,100 00 


5,100 00 



Railroad Bonds. 



Boston and Lowell Railroad bonds, 



19 




$57,098 75 



146 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOOSAC SAYINGS BANK — NORTH ADAMS. 

Incorporated June 1, 1871. Number of corporators, 41. 
C. H. Read, President. Treasurer, Austin Bond. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$ 123, 869 73 

4,541 33 

163 27 


Bank stock, .... 
Real estate, .... 

Loan on real estate, . . 
Loans on personal security, . 
Expense account, 

Furniture, 

Cash on hand, .... 


68,372 00 

6,687 73 

80,670 67 

21,945 27 

530 85 

1,144 31 

9,223 50 




$128,574 33 


$128,574 33 



Amount of real estate held by foreclosure, 
Estimated value of the same, 



Cash on deposit in Banks 
In Adams National Bank, . 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2^ per cent., 
for the previous year, . . . . . ) 1\ per cent., 
Times for the dividends fixed by the by-laws : June and December. 
The total amount of loans with each specified rate of interest: 

$102,615.94, 8 per cent. 
Numher of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, • 114 

Aggregate amount of the same, 

Number of open accounts, 799 

Number and am't of deposits received for the previous year, . 659 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 34 
Number and amount of withdrawals, . . . . 728 

Number of accounts opened during the previous year, . . 155 
Number of accounts closed during the previous year. . . 152 
Amount of the expenses of the corporation during the previous 



$6,687 73 
7,000 00 

$9,076 35 

$7,012 63 
3,214 77 
3,097 86 



$102,615 94 

37,953 81 

18,280 14 
57,409 25 



year, 



Amount of treasurer's bonds, . . . . 
Date of examination by Commissioner, June 5. 

Bank Stock. 



$1,300 00 
20,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Adams Nat'l Bank, 



1,700 



5,372 00 



5,372 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



147 



HOPKINTON SAVINGS BANK — HOPKINTON. 

Incorporated March 23, 1867. Number of corporators, 29. 
A. A. Sweet, President. Treasurer, E. J. Jenks. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$224,827 10 


Public funds, .... 


$17,031 25 


Earnings, undivided, 


6,234 76 


Bank stock, .... 


58,308 24 


Guarantee fund, 


991 54 


Loans on bank stock, 


200 00 






Railroad bonds, 


21,215 00 






Loans on real estate, 


105,124 77 






Loans on personal security, . 


5,300 00 






Loans to counties, cities, or 








towns, 


17,000 00 


> 




Expense account, 


834 00 






Deposit in bank on interest, . 


7,040 14 




$232,053 40 




$232,053 40 



Loans on Bank Stock — amount on each : 
On 2 shares Hopkinton National Bank, Hopkinton, 



$200 00 



Cash on deposit in Banks : 
Hopkinton National Bank, Hopkinton, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2£ per cent., 

for the previous year, ) 1\ per cent., 

Times for the dividends fixed by the by-laws : November and May. 
Tbe total amount of loans with each specified rate of interest: 
$17,000, 6 per cent. ; $14,250, 64, per cent. ; $90,374.77, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 77 

Aggregate amount of the same, 

Number of open accounts, 746 

Number and am't of deposits received for the previous year, . 673 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 46 

Number and amount of withdrawals, 387 

Number of accounts opened during the previous year, . . 170 
Number of accounts closed during the previous year, . . 85 
Amount of the expenses of the corporation during the previous 



$7,040 14 

$12,177 80 
4,729 10 
5,071 76 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 15. 



14,840 00 

6S,442 29 

27,208 35 
39,960 56 



900 00 
5,000 00 



148 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City and Town Bonds — 








City of Portland, Me., . 


$6,000 


$6,195 00 


$6,002 50 


of Belfast, Me., 


2,500 


' 2,575 00 


2,581 25 


Town of Wiscasset, Me., . 


3,000 


3,075 00 


3,097 50 


City of Bangor, Me., 


5,000 


5,175 00 


5,350 00 



Bank Stock. 



North Nat'l Bank, Boston, 


$2,500 


$2,943 75 


$3,237 50 


Redemption Nat'l Bank, Boston, 


5,000 


6,512 50 


6,990 00 


Shawmnt Nat'l Bank, Boston, . 


9,000 


10,620 00 


11,023 74 


Atlas Nat'l Bank, Boston, 


6,100 


7,045 50 


7,505 00 


Revere*Nat'l Bank, Boston, 


5,000 


5,450 00 


6,090 50 


Atlantic Nat'l Bank, Boston, . 


5,000 


6,650 00 


6,832 50 


Everett Nat'l Bank, Boston, . 


2,500 


2,725 00 


2,975 00 


Republic Nat'l Bank, Boston, . 


1,500 


1,953 75 


1,980 00 


Continental Nat'l Bank, Boston, 


5,000 


5,050 00 


5,930 00 


Faneuil Hall Nat'l Bank, Boston, . 


1,500 


1,698 75 


1,965 00 


Hide and Leather, Nat'l B'k, Boston, 


1,300 


1,456 00 


1,404 00 


Exchange Nat'l Bank, Boston, 


1,000 


1,585 00 


1,875 00 


Natick Nat'l Bank, Natick, 


500 


550 00 


500 00 



Railroad Bonds. 



Fitchburg & Worcester R.R. bonds, 


$2,000 


$1,850 00 


$2,020 00 


Old Colony Railroad bonds, 


8,000 


8,800 00 


8,535 00 


Boston and Maine Railroad bonds, . 


5,000 


5,500 00 


5,185 00 


Fitchburg Railroad bonds, 


3,000 


3,240 00 


3,37.5 00 


Boston, Clinton, and Fitchburg R.R. 








bonds, ...... 


2,000 


1,850 00 


2,100 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



149 



HUDSON SAYINGS BANK — HUDSON. 

Incorporated May, 1869. Number of corporators, 36. 
Francis Brigham, President. Treasurer, F. D. Brigham:. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$218,115 55 

2,667 87 

569 45 



$221,-852 87 



Public funds, 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Cash on band, . 



$8,976 25 

6,106 00 

4,460 00 

5,225 00 

139,770 00 

26,034 11 

24,884 28 
5,897 23 

$221,352 87 



Loans on Bank Stock — amount on each: 
On 50 shares Blackstone National Bank, Boston, 



$4,460 00 



Cash on deposit in Banks : 
North National Bank, Boston, 



$453 90 



Whole amount of interest or profits received or earned, . 
Kate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, )2£ per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 6 per cent. 
The total amount of loans with each specified rate of interest: 

$5,000, 5i per cent. ; $21,960, 6 per cent. ; $1,200, 6| per cent. ; 

$52,750, 7 per cent. ; $82,144.11, 7£ per cent. ; $2,750, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 171 

Aggregate amount of the same, 

Number of open accounts, . 874 

Number and am't of deposits received for the previous year, . 583 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .25 

Number and amount of withdrawals, 440 

Number of accounts opened during the previous year, . . 128 
Number of accounts closed during the previous year, . . 116 
Amount of the expenses of the corporation during the previous 



$13,696 72 

' 5,454 82. 

5,467 49 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, July 5. 



134,800 00 
39,944 00 

12,419 00 

55,767 62 



600 00 
40,000 00 



150 



BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5-20s, 
" " " 6s, 


1865, . 

1881, . 


|3,000 
5,000 


$3,180 00 
5,525 00 


$3,323 75 
5,652 50 


Bank Stock. 


State Xat'l Bank, Boston, 


$5,700 


$6,270 00 


$6,106 00 


Railroad Bonds. 


Eastern Railroad bonds, . 


• 


$5,000 


$2,550 00 


$5,225 00 



HYANNIS SAVINGS BANK — HY ANN IS.* 

Incorporated April, 1868. Number of corporators, 44. 
Ferdinand G. Kelley, President. Treasurer, Frank Thacher. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$525,304 27 
1,092 90 
1,500 00 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Deposits in bank on interest, 

Cash on band, .... 




$9,187 50 

1,000 00 

121,168 00 

5,900 00 

68,456 52 

187,632 68 

133,201 34 

1,000 00 

351 13 




$527,897 17 






$527,897 17 



Loans on Public Funds — amount on each : 
On United States bond, 1881, par value $1,000, 

Loans on Bank Stock — amount on each: 
On 54 shares First National Bank, Hyannis, 
On 5 shares First National Bank, Provincetown, 

Amount of real estate held by foreclosure, 
Estimated value of real estate 



$1,000 00 

$5,400 00 
500 00 



456 52 
68,456 52 



Cash on deposit in Banks : 
Eleventh Ward National Bank, Boston, 



:{ 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2 per cent., 

for the previous year, > 2 per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$54,840.20, 6 per cent. ; $15,668, 6£ per cent. ; $157,741.01, 7 per 

cent. ; $6,250, 7^ per cent. ; $10,945, 7£ per cent. ; $55,700, 8 per 

cent. 

* Temporarily enjoined by a decree of the Supreme Judicial Court, Oct. 2, 1877 



$1,000 00 

$32,088 97 
11,557 84 
11,535 20 



1878.] 



PUBLIC DOCUMENT — No. 8. 



151 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 242 

Aggregate amount of the same, $168,990 68 

Number of open accounts, 1,573 

Number and am't of deposits received for the previous year, . 448 43,195 05 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 39 20,542 95 
Number and amount of withdrawals, .... 1,204 144,729 10 

Number of accounts opened during the previous year, . . 144 
Number of accounts closed during the previous year, . . 236 
Amount of the expenses of the corporation during the previous 

year, 2,144 67 

Amount of treasurer's bonds, 5,000 00 

Bate of examination by Commissioner, August 22. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Bangor, Me., 
of Dover, N.H., 
of Portsmouth, N.H., 
of Worcester, . 
of Springfield, . ... 


$5,000 

500 

1,500 

1,000 

1,000 


$5,225 00 

525 00 

1,575 00 

1,027 50 

1,100 00 


$5,075 00 
505 00 

- 1,515 00 
1,027 50 
1,065 00 



Bank Stock. 



Suffolk Nat'l Bank, Boston, . 
Atlantic Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Nat'l Bank of Commerce, Boston, 
Traders' Nat'l Bank, 
Nat'l City Bank, Boston, 
Nat'l Eagle Bank, Boston, 
Nat'l Webster Bank, Boston, . 
Shawmut Nat'l Bank, Boston, 
Monument Nat'l Bank, Boston, 
First Nat'l Bank, Maiden, 
Blackstone Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston, . 
Nat'l Bank of No. America, Boston 
Nat'l Bank of Republic, Boston, 
Globe Nat'l Bank, Boston, 
Nat'l Revere Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Freeman's Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston, 



$7,200 
7,000 
4,700 

300 

6,000 

11,800 

11,000 

3,500 

3,300 

600 
1,600 
6,000 
3,000 
1,600 
2,000 
6,000 
1,000 

300 
1,000 

700 
1,000 
5,000 
2,700 
1,500 

600 
4,000 



$8,712 


00 


9,310 


00 


5,111 


25 


421 


50 


6,120 00 


13,629 


00 


12,260 00 


3,596 


25 


3,803 


25 


648 


00 


1,636 


00 


7,080 


00 


5,437 


50 


1,920 


00 


2,145 00 


7,095 


00 


1,126 


25 


355 


50 


1,065 00 


759 


50 


1,305 


00 


5,500 00 


2,943 


00 


1,635 


00 


649 


25 


3,500 


00 



$8,843 25 

9.306 75 
5,368 75 

387 37 

7,348 00 

14,403 00 

16,473 25 

4,204 38 

3,839 00 

762 00 
1,750 25 
7,198 50 
5,100 00 
1,856 25 
2,537 00 
7,565 25 
1,115 50 

435 25 
1,165 25 

793 00 
1,320 00 
6,300 00 

3.307 50 
1,845 00 

703 50 
7,240 00 



152 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HYDE PARK SAVINGS BANK — HYDE PARK. 

Incorporated March. 8, 1871. Number of corporators, 38. 
Isaac J. BEO^y, President. Treasurer, Hejstry S. Button. 

Statement. 



Liabilities. 




Yalue on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



866,873 61 

1,695 73 

165 24 



668,734 58 



Bank stock, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Deposit in banks on interest 
Expense account, 
Furniture and fixtures, . 
Profit and loss, . 
Cash on hand, . 



310,323 25 

6,920 06 

38,100 00 

500 00 

5,000 00 

5,250 77 

121 37 

1,100 00 

512 17 

606 96 

668,731 58 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$6,920 06 
7,200 00 



Cash on deposit in Banks : 
Commonwealth National Bank, Boston, 



>,250 77 



"Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 1\ per cent., 
for tbe previous year, . . . . ) 2\ per cent., 
Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$5,000, 6 per cent. ; $4,300, 7 per cent. ; 834,600, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, .36 

Aggregate amount of the same, . 

Number of open accounts, 476 

Number and am't of deposits received for the previous year, . 764 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 43 
Number and amount of withdrawals, ..... 673 
Number of accounts opened during the previous year, . . 159 
Number of accounts closed during the previous year, . . 115 
Amount of the expenses of the corporation during the previous 



$4,386 79 
1,297 02 
1,389 93 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, April 10. 



38,900 00 

55,665 43 

22,531 67 
48,796 23 



800 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



153 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Commerce Nat'l Bank, Boston, 
Freeman's N/at'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
First Nat'l Bank Newburyport, 



$3,000 
1,300 
1,000 
2,700 



£3,165 00 
1,410 50 
1,090 00 
3,510 00 



$3,738 75 
1,741 50 
1,187 50 
3,655 50 



INSTITUTION FOR SAVINGS IN ROXBURY AND ITS VICINITY — 

BOSTON. 

Incorporated February 25, 1825. Number of corporators, 41. 

Almoin D. Hodges, President. Treasurer, Edward Richards. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$2,907,561 63 

44,359 91 
11,300 00 


Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, . . 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, . 

Loans to counties, cities, or 

towns, 

Deposits in banks on interest, 
Cash on hand, .... 


$172,842 40 

33,100 00 

188,139 97 

11,500 00 

187,321 73 

8,000 00 

63,711 80 

1,297,242 07 

871,490 00 

13,900 b0 

5,850 81 

110,122 76 




$2,963,221 54 


$2,963,221 54 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $33,100, 

Loans on Bank Stock — amount on each : 
On 20 shares First National Bank, Danvers, 
On 60 shares Mechanics' National Bank, New Bedford, 
On 15 shares Exchange National Bank, Boston, 
On 10 shares People's National Bank, Boston, 
On 25 shares Washington National Bank, Boston, 

Amount invested in real estate, .... 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



Cash on deposit in Banks : 
Rockland National Bank, Boston, 
Washington National Bank, Boston, 
20 



$33,100 00 



$1,350 00 

6,000 00 

1,350 00 

300 00 

2,500 00 

$8,000 00 
33,900 00 
63,711 00 
87,000 00 



$59,396 50 
5,850 81 



154 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Whole amount of interest or profits received or earned, . 
Rate and amount of each, semi-annual dividend ) 1\ per cent., 

for the previous year, ) 2 per cent. , 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 6^ per cent. 
The total amount of loans with each specified rate of interest: 
$365,000, 5 per cent. ; $461,000, 6 per cent. ; $260,511.80, 6£ per 
cent. ; $986,632.07, 7 per cent. ; $116,200, 7^ per cent. ; $40,500, 
7£ per cent. ; $11,800, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 103 

Aggregate amount of the same, 

Number of open accounts, 7,273 

Number and am't of deposits received for the previous year, 6,034 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 329 
Number and amount of withdrawals, .... 7,229 
Number of accounts opened during the previous year, . 1,085 
Number of accounts closed during the previous year, . 1,111 
Amount of the expenses of the corporation during the previous 



\\ 



year, 



5173,278 93 
6S,703 46 
55,564 87 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, March 3. 



186,112 90 

438,508 00 

191,411 00 
528,954 93 



7,477 52 
20,000 00 



Public Ftjxds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 



$170,000 



$182,465 00 



$172,842 40 



Baxk Stock. 



Market Nat'l Bank, Boston, . 


$2,500 


$2,675 00 


$2,500 00 


State Nat'l Bank, Boston, 


2,300 


2,553 00 


2,300 00 


North Nat'l Bank, Boston, 


25,700 


31,808 00 


25,680 47 


Atlas Nat'l Bank, Boston, 


6,000 


6,900 00 


6,000 00 


Commerce Nat'l Bank, Boston, 


2,000 


2,120 00 


2,000 00 


Atlantic Nat'l Bank, Boston, . 


5,000 


6,650 00 


5,000 00 


First Nat'l Bank, Boston, 


20,000 


36,900 00 


20,000 00 


Revere Nat'l Bank, Boston, 


20,000 


21,800 00 


20,000 00 


People's Nat'l Bank, Boston, . 


21,000 


30,600 00 


21,000 00 


Rockland Nat'l Bank, Boston, 


17,300 


24,620 00 


19,430 00 


Washington Nat'l Bank, Boston, 


51,000 


66,810 00 


58,729 50 


Second Nat'l Bank, Boston, 


5,500 


7,220 00 


5,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



155 



Railroad Bonds. 







Estimated 






Par Value.- 


Market Value. 


Amount Invested. 


South Shore Railroad bonds, . 


$125,000 


$135,000 00 


$130,000 00 


Old Colony Railroad bonds, 


16,000 


17,760 00 


17,760 39 


Boston and Providence R.R. bonds, . 


12,000 


13,470 00 


13,614 67 


Boston and Albany Railroad bonds, . 


17,000 


19,550 00 


. 19,240 42 


Boston and Maine Railroad bonds, . 


6,000 


6,660 00 


6,706 25 



INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY 

— NEWBURYPORT. 

Incorporated January 31, 1820. 'Number of corporators, 83. 

Edward S. Moseley, President. Treasurer, Richard Stoke. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


84,888,756 66 

40,736 85 
32,250 00 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, 

Real estate by foreclosure 

Loans on reai estate, 

Loans on personal securit 

Loans to counties, citie 

towns, . 
Deposits in banks on int€ 
Fifty Associates' stock, 
Accrued interest, 
Taxes on real estate and 

Cash on hand, . 


J, • 
s, or 

srest, 
poli- 


$1,203,272 00 

2,000 00 

1,011,487 60 

18,000 00 

414,600 00 

15,000 00 

85,915 85 

1,248,951 16 

297,425 00 

313,500 00 

244,008 06 

25,000 00 

67,650 00 

11,058 74 
3,875 04 




$4,961,743 45 






$4,961,743 45 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $2,000, . • 

Loans on Bank Stock — amount on each: 
On 6 shares Mechanics' National Bank, Newburyport, 
On 18 shares First National Bank, Newburyport 
On 10 shares First National Bank, Amesbury, 
On 153 shares First National Bank, Haverhill, 

Amount invested in real estate, 
Estimated value of real estate, . . , 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$2,000 00 



$500 00 

1,600 00 

900 CO 

15,000 00 

$15,000 00 
20,000 00 
85,915 85 
87,000 00 



156 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Cash on deposit in Banks : 
First National Bank, Newburyport, 



$244,008 06 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, \2 percent., 

Times for the dividends fixed by the by-laws : fourth Wednesday 

of April and October. 
The total amount of loans with each specified rate of interest: 

$50,000, 5 per cent. ; $130,000, 5£ per cent. ; $538,685, 6 per cent. ; 

$125,200, 6i per cent. ; $336,631.16, 7 per cent; $261,535, 7^ per 

cent. ; $2,500, 7£ per cent. ; $120,000, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 492 

Aggregate amount of the same, 

Number of open accounts, 10,309 

Number and am't of deposits received for the previous year, 2,994 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 205 
Number and amount of withdrawals, .... 6.369 
Number of accounts opened during the previous year, . . 693 
Number of accounts closed during the previous year, . . 963 
Amount of the expenses of the corporation during the previous 



. $292 
. C 121 

. 1 96 



853 47 

121,495 23 

96,866 02 



year. 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 30. 



449,981 16 

327,148 71 

127,951 15 
672,342 78 



6,554 40 
20,000 00 



Public Funds. 









Estimated 








Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 

m 


. 


$250,000 


$269,905 00 


$267,000 00 


State bond — New Hampshire 


» 


$5,000 


$5,000 00 


$5,000 00 


City and Town Bonds — 










City of Boston, . . 5 per 


cent. , 


$44,000 


$45,760 00 


$44,000 00 


of Charlestown, . 6 


(< 


35,000 


38,850 00 


33,600 00 


of Holyoke, . . 6 


c< 


25,000 


27,000 00 


23,375 00 


of Lynn, . . 6 


t< 


75,000 


81,750 00 


74,000 00 


Town of Wakefield, . 6 


a 


11,000 


11,330 00 


10,642 50 


of Springfield, . 7 


1 1 


40,000 


47,200 00 


40,000 00 


Town of Franklin, . 6 


(( 


15,000 


15,787 00 


15,000 00 


City of Nashua, N.H., 6 


(( 


50,000 


54,000 00 


47,500 00 


of Hartford, Conn., 6 


u 


5,000 


5,450 00 


5,000 00 


Town of Groveland, . 5 


(< 


17,000 


17,000 00 


17,000 00 


City of Concord, N.H., 6 


c t 


35,000 


37,275 00 


35,000 00 


Town of Waldoboro', Me. , 6 


(( 


16,700 


17,034 00 


15,197 00 


of St. Albans, Vt., 6 


(( 


10,000 


9,900 00 ! 


9,100 00 


of Wiscasset, Me., 6 


(( 


16,500 


16.912 00 : 


14,850 00 


City of Newburyport, 5 


(( 


6,000 


6,000 00 


5,400 00 


6 


u 


183,000 


197,640 00 


175,680 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



157 



Public Funds — Concluded. 









Estimated 








Par Value. 


Market Value. 


Amount Invested. 


City of Lewiston, Me., 


6 per cent. , 


$10,000 


$10,800 00 


$10,000 00 


of Worcester, . 


7 


100,000 


105,000 00 


100,000 00 


(t 


5 


12,000 


12,120 00 


9,600 00 


of Bangor, Me., 


7 


25,000 


26,250 00 


25,000 00 


a 


6 


25,000 


25,500 00 


22,500 00 


of Lawrence, . 


H " 


* 25,000 


25,750 00 


23,187 50 


of Bath, Me., . 


6 


52,000 


53,300 00 


47,840 00 


Town of Melrose, 


7 


8,000 


8,800 00 


8,000 00 


City Belfast, Me., . 


6 


50,000 


51,000 00 


45,000 00 


of Portland, Me., 


6 


70,000 


74,800 00 


65,500 00 


Town of Concord, Vt. , 


6 


10,000 


8,000 00 


9,100 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 


$12,200 


$16,226 00 


$13,420 00 


Atlas Nat'l Bank, Boston, 


75,000 


86,625 00 


79,500 00 


Blackstone Nat'l Bank, Boston, 


6,300 


6,756 00 


6,741 00 


Boston Nat'l Bank, Boston, 


3,700 


4,227 00 


3,811 00 


Old Boston Nat'l Bank, Boston, 


10,000 


12,400 00 


11,000 00 


City Nat'l Bank, Boston, „ . 


10,800 


12,447 00 


11,340 00 


Columbian Nat'l Bank, Boston, 


30,000 


42,150 00 


33,000 00 


Commerce Nat'l Bank, Boston, 


29,400 


31,164 00 


31,458 00 


Commonwealth Nat'l Bank, Boston, 


25,000 


26,750 00 


26,000 00 


Eagle Nat'l Bank, Boston, 


28,600 


30,888 00 


29,744 00 


Eliot Nat'l Bank, "Boston, 


7,400 


7,992 00 


7,770 00 


Exchange Nat'l Bank, Boston, 


10,000 


16,500 00 


12,000 00 


Faneuil Hall Nat'l Bank, Boston, . 


24,000 


31,980 00 


25,920 00 


First Nat'l Bank, Boston, 


10,000 


18,525 00 


13,000 00 


Freeman's Nat'l Bank, Boston, 


27,000 


29,227 00 


29,160 00 


Globe Nat'l Bank, Boston, 


13,300 


14,630 00 


14,364 00 


Hamilton Nat'l Bank, Boston, 


15,000 


17,737 00 


15,900 00 


Hide and Leather Nat'l B'k, Boston, 


15,000 


16,800 00 


15,000 00 


Howard Nat'l Bank, Boston, . 


26,700 


30.071 00 


27,501 00 


Market Nat'l Bank, Boston, . 


50,800 


54,102 00 


52,832 00 


Massachusetts Nat'l Bank, Boston, . 


8,250 


9,075 00 


8,745 00 


Maverick Nat'l Bank, Boston, . 


20,000 


30,000 00 


22,200 00 


Merchants' Nat'l Bank, Boston, 


17,300 


23,159 00 


19,549 00 


New England Nat'l Bank, Boston, . 


10,000 


13,425 00 


11,300 00 


North Nat'l Bank, Boston, 


30,200 


35,560 00 


32,918 00 


No. America Nat'l Bank, Boston, . 


6,000 


6,510 00 


6,180 00 


Redemption Nat'l Bank, Boston, 


25,800 


33,604 00 


29,412 00 


Revere Nat'l Bank, Boston, 


50,000 


54,500 00 


53,000 00 


Second Nat'l Bank, Boston, 


48,000 


67,320 00 


53,760 00 


Shawmut Nat'l Bank, Boston, . 


20,000 


23,600 00 


21,000 00 


Shoe and Leather Nat'l B'k, Boston, 


40,000 


47,400 00 


42,400 00 


State Nat'l Bank, Boston, 


6,900 


7,504 00 


6,900 00 


Suffolk Nat'l Bank, Boston, . 


22,500 


27,225 00 


24,075 00 


Traders' Nat'l Bank, Boston, . 


27,200 


27,948 00 


28,560 00 


Tremont Nat'l Bank, Boston, . 


45,000 


49,725 00 


47,700 00 


Union Nat'l Bank, Boston, 


20,800 


28,288 00 


23,504 00 



158 



BANK COMMISSIONERS' REPORT. 

Baxk Stock — Concluded. 



[Jan, 







Estimated 






Par Yalue. 


Market Yalue. 


Amount Invested. 


Washington Nat'l Bank, Boston, 


$35,300 


$46,331 00 


$38,477 00 


Webster Nat'l Bank, Boston, . 


20,000 


20,450 00 


20,600 00 


Mechanics' Xat'l B'k, Newburvport, 


21,500 


28,219 00 


23,220 00 


Merchants' Xat'l B'k, Xewburvport, 


24,520 


37,700 00 


26,481 60 


Ocean Xat'l Bank, Xewburyport, 


5,250 


6,825 00 


5,565 00 


Gloucester Xat'l Bank, Gloucester, . 


6,000 


9,120 00 


6,480 00 



Railroad Boxds. 



Eastern Railroad, .... 
Boston and Albany Railroad bonds, 
Providence & Worcester, R.R. bonds, 



$145,500 
200,000 
100,000 



$73,295 00 
230,000 00 

106,000 00 ! 



$114,600 00 
200,000 00 
100,000 00 



IPSWICH SAYINGS BANK — IPSWICH. 

Incorporated March 15, 1869. Number of corporators, 33. 
Joseph Ross, President. Treasurer, Theodore F. Cogswell. 

Statement. 



Liabilities. 



Assets. 



Yalue on Books. 



Deposits, . 


3121.274 28 


Public funds, . 


$1,868 84 


E arnings, undivided, 


3,155 20 


Bank stock, .... 


30,941 00 


Guarantee fund, 


290 00 


Loans on real estate, 


72.315 00 






Loans on personal security, . 


6,880 00 






Deposit in banks on interest, . 


11,500 00 






Expense account, 


14 75 






Cash on hand, . . . . 


1,199 89 




$124,719 48 


8124,719 48 



Cash on deposit in Banks : 
First National Bank, Salem, 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend 7 2£ per cent., 
for the previous year, > 2$ per cent., 

Times for the dividends fixed by the by-laws : fourth Wednesday 
of January and July. 

The total amount of loans with each specified rate of interest: 
$4,852, 7 per cent. ; $54,155, 7 » per cent. ; 820,138, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . " . . . 126 



:i 



$11,500 00 

$7,887 91 
2,605 24 
2,666 05 



1878.] 



PUBLIC DOCUMENT — No. 8. 



159 



Aggregate amount of the same, . . . ■ 

Number of open accounts, 674 

Number and am't of deposits received for tbe previous year, 466 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 28 

Number and amount of withdrawals, 384 

Number of accounts opened during the previous year, . . 122 
Number of accounts closed during the previous year, . . 91 
Amount of the expenses of the corporation during the previous 



year. 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 20. 



$75,995 00 

31,032 83 

13,050 00 
24,9S9 67 



446 25 
25,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Bangor, Me., 
of Bath, Me., . 



$1,000 
1,000 



51,065 00 
1,065 00 



$938 17 
930 67 



Bank Stock. 



Mercantile Nat'l Bank, Salem, 


$1,400 


$1,668 00 


$1,610 00 


Salem Nat'l Bank, Salem, 


1,500 


1,725 00 


1,755 00 


Naumkeag Nat'l Bank, Salem, 


1,700 


2,567 00 


2,531 00 


Exchange Nat'l Bank, Salem, . 


1,300 


1,534 00 


1,582 00 


Asiatic Nat'l Bank, Salem, 


690 


966 00 


1,005 00 


First Nat'l Bank, Salem, 


1,500 


1,860 00 


1,948 50 


Merchants' Nat'l Bank, Salem, 


1,800 


2,556 00 


2,171 50 


Nat'l Bank of Commerce, Boston, . 


600 


636 00 


721 50 


Revere Nat'l Bank, Boston, 


1,000 


1,090 00 


1,112 00 


Atlas Nat'l Bank, Boston, 


1,000 


1,155 00 


1,175 00 


Nat'l Bank of the Republic, Boston, . 


2,500 


3,262 00 


3,263 75 


Globe Nat'l Bank, Boston, 


2,500 


2,750 00 


3,125 50 


Merchants' Nat'l Bank, Boston, 


3,000 


4,020 00 


4,194 75 


Union Nat'l Bank, Boston, 


2,400 


3,264 00 


3,816 00 


Second Nat'l Bank, Boston, 


400 


562 00 


622 00 



160 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LANCASTER SAVINGS BANK — LANCASTER. 

Incorporated 1845. 
In liquidation. Receivers — ¥m, H. McNeil, Elisha Brimhall, Benj. Snow. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . . 
Bal. dividend, No. 1, 


$644,882 14 
4,065 27 


Railroad bonds, 
Real estate foreclosed, 
Loans on real estate, 
Loans on personal security, . 
Deposit in banks on interest, . 
Profit and loss, .... 


$31,500 00 
49,200 00 
323,904 18 
106,513 13 
107,115 46 
30,714 64 




$648,947 41 


$648,947 41 



Amount invested in real estate, .... 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$9,200 09 

9,200 00 

40,000 00 

25,000 00 



Cash on deposit in Banks : 
First National Bank, Worcester, 
Lancaster National Bank, Lancaster, 
Security National Bank, Worcester, 
Commerce National Bank, Boston, 
Central National Bank, Boston, 



$15,000 00 
29,939 51 
12,192 67 
31,983 28 
20,000 00 



Whole amount of interest or profits received or earned, 

Number of open accounts, 

Date of examination by Commissioner, December 21. 



2,397 



$,590 71 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Lancaster Railroad bonds, 


$35,000 


- 


$31,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



161 



LAWRENCE SAVINGS BANK — LAWRENCE. 

Incorporated March 7, 1868. Number of corporators, 81. 
Milton Bonney, President. Treasurer, Wm. R. Spauldikg 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$489,737 00 


Public funds, .... 


$12,500 00 


Earnings, undivided, 


17,015 11 


Bank stock, .... 


83,200 00 


Guarantee fund, 


1,214 80 


Loans on bank stock, 


500 00 






Railroad bonds,- 


10,000 00 






Real Estate by Foreclosure, . 


4,269 55 






Loans on real estate, 


358,643 81 






Loans on personal security, . 


16,734 33 






Expense account, 


966 91 






Premiums, . . - . . 


14,373 84 






Cash on hand, . 


6,808 47 




$507,996 91 


$507,996 91 



:{ 



Loans on Bank Stock — amount on each : 
On 6 shares Pemberton National Bank, Lawrence, . 

Cash on deposit in Banks : 
Pemberton National Bank, Lawrence, . . . • . 
Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 3 per cent., 

for the previous year, \ 3 per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 
$12,192, 6 per cent. ; $5,000, 6£ per cent. ; $358,686.14, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 323 

Aggregate amount of the same, 

Number of open accounts, 1,765 

Number and am't of deposits received for the previous year, 1,818 
Number and amount of deposits of, and exceeding, three hundred 

. 109 

1,229 

. 415 

. 396 

the previous 



$500 00 



56,157 10 

721 51 

11,401 51 

11,533 38 



dollars at any one time for the previous year, 
Number and amount of withdrawals, 
Number of accounts opened during the previous year, 
Number of accounts closed during the previous year, 
Amount of the expenses of the corporation during 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 21. 
2 



282,526 93 

145,759 13 

62,799 84 
141,115 21 



1,900 00 
10,000 00 



162 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

State bonds — New Hampshire, 

. City and Town Bonds — 
City of Lawrence, .... 
of Portland, Me., . 
of Fall River, .... 


$1,000 
$500 

$5,000 
4,000 
2,000 


$1,220 00 
$550 00 

5,525 00 
4,240 00 
2,210 00 


$1,000 00 
500 00 

$5,000 00 
4,000 00 
2,000 00 



Bank Stock. 



North America Nat'l Bank, Boston, 


$6,800 


$7,378 


00 


$6,800 00 


Market Nat'l Bank, Boston, . 


5,600 


6,192 


00 


5,600 00 


Pemberton Nat'l Bank, Lawrence, . 


4,000 


6,000 


00 


4,000 00 


Traders' Nat'l Bank, Boston, . 


2,100 


2,100 


00 


2,100 00 


Howard Nat'l Bank, Boston, . 


1,500 


1,687 


00 


1,500 00 


Nat'l Bank of Commerce, Boston, . 


3,600 


3,816 


00 


3,600 00 


Webster Nat'l Bank, Boston, . 


8,900 


9,167 


00 


8,900 00 


Fourth Nat'l Bank, Boston, 


2,500 


2,175 


00 


2,500 00 


City Nat'l Bank, Boston, 


1,000 


1,155 


00 


1,000 00 


State Nat'l Bank, Boston, 


5,400 


5,886 


00 


' 5,400 00 


Eliot Nat'l Bank, Boston, 


2,400 


2,592 


00 


2,400 00 


Atlas Nat'l Bank, Boston, 


2,000 


2,320 


00 


2,000 00 


Hide and Leather Nat'l B'k, Boston, 


10,300 


11,536 


00 


10,300 00 


Eleventh Ward Nat'l Bank, Boston, 


5,000 


4,000 


00 


5,000 00 


Blackstone Nat'l Bank, Boston, 


3,900 


4,153 


00 


3,900 00 


Third Nat'l Bank, Boston, 


1,700 


1,904 


00 


1,700 00 


First Ward Nat'l Bank, Boston, 


1,600 


1,328 


00 


1,563 50 


Central Nat'l Bank, Boston, 


5,500 


5,500 


00 


5,500 00 


Tremont Nat'l Bank, Boston, . 


4,000 


4,440 


00 


4,000 00 


Merchants' Nat'l Bank, Boston, 


2,000 


2,680 


00 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


2,700 


2,889 


00 


2,700 00 


Lawrence Nat'l Bank, Lawrence, 


700 


770 


00 


700 00 



Railroad Bonds. 



Boston and Maine Railroad bonds, 
Old Colony Railroad bonds, 




$2,210 00 
8,200 00 



$2,000 00 
8,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



163 



LEE SAYINGS BANK — LEE. 

Incorporated 1852. Number of corporators, 63. 

H. Garfield, President. Treasurer) J. L. Kilborn. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$461,398 69 
8,862 19 
2,000 00 



Public funds, 

Loans on public funds, 

Bank stock, 

Loans on bank stock, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 
Cash on hand, . 



$172,260 88 



$65,000 00 

800 00 

54,020 00 

1,900 00 

1,549 64 

294,232 47 

33,837 27 

20,000 00 
921 50 

$472,260 88 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $1,100, 



$800 00 



Loans on Bank Stock — amount on each ; 
On 30 shares Lee National Bank, 



$1,900 00 



Amount of real estate held by foreclosure. 
Estimated value of real estate, . 



&1,549 64 
1,500 00 



Whole amount of interest or profits received or earned, 

Rate and amount of each semi-annual dividend > 2£ per cent., 

for the previous year, £ 2-J per cent., 

Times for the dividends fixed by the by-laws : June 1 and Decem- 
ber 1. 
The total amount of loans with each specified rate of interest: 

$330,769.74, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 273 

Aggregate amount of the same, 

Number of open accounts, 1,478 

Number and am't of deposits received for the previous year, . 866 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 79 

Number and amount of withdrawals, 973 

Number of accounts opened during the previous year, . . 200 
Number of accounts closed during the previous year, . . 203 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 5. 



:{ 



,548 86 
11,255 64 
11,239 61 



202,419 38 
76,447 19 

41,039 62 

106,208 48 



1,515 63 
10,000 00 



164 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 

City and Town Bonds 
City of Boston, 

of Springfield, . 
Town of Sandisfield, 



$40,000 



$5,000 
10,000 
10,000 



$42,000 00 



$5,350 00 
11,700 00 
10,000 00 



$40,000 00 



$5,000 00 
10,000 00 
10,000 00 



Bank Stock. 



Lee Nat'l Bank, Lee, 


$11,620 


$14,130 00 


$11,620 00 


Adams Nat'l Bank, North Adams, . 


6,400 


8,000 00 


6,400 00 


First Nat'l Bank, Adams, 


2,600 


3,120 00 


2,600 00 


Pittsfield Nat'l Bank, Pittsfield, 


4,500 


6,000 00 


4,500 00 


Housatonic Nat'l B'k, Stockbridge, 


4,200 


6,720 00 


4,200 00 


Eagle Nat'l Bank, Boston, 


6,000 


6,480 00 


6,000 00 


Continental Nat'l Bank, Boston, 


1,800 


1,818 00 


1,800 00 


Everett Nat'l Bank, Boston, . 


1,000 


1,090 00 


1,000 00 


Commerce Nat'l Bank, Boston, 


2,500 


2,635 00 


2,500 00 


North America Nat'l Bank, Boston, 


2,000 


2,170 00 


2,000 00 


Hide and Leather Nat'l Bank, Boston, 


2,900 


3,150 00 


2,900 00 


Massachusetts Nat'l Bank, Boston, . 


2,500 


2,875 00 


2,500 00 


Revere Nat'l Bank, Boston, 


3,000 


3,270 00 


3,000 00 


Republic Nat'l Bank, Boston, . 


1,000 


1,300 00 


1,000 00 


State Nat'l Bank, Boston, 


1,000 


1,080 00 


1,000 00 


Commonwealth Nat'l Bank, Boston, 


1,000 


1,070 00 


1,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



165 



LEICESTER SAYINGS BANK — LEICESTER. 

Incorporated 1869. Number of corporators, 36. 

Cheney Hatch, President. Treasurer, D. E. Merriam. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$279,440 58 
7,717 48 
1,361 19 



Public funds, 

Loans on public funds, 

Bank stock, 

Railroad bonds, 

Real estate, 

Loans on bank stock, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 
Expense account, 
Premium account, . 
Cash on hand, . 



$288,519 25 



$79,500 00 

2,000 00 

50,349 12 

3,030 00 

500 00 

1,000 00 

128,589 31 

7,489 00 

5,850 00 
5 00 

7,788 75 
2,418 07 



,519 25 



Loans on Bank Stock — amount on each: 
On 10 shares Leicester National Bank, Leicester, 

Loans on Public Funds — amount on each: 
On United States bonds, par value, $2,000, .... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : June 1 and Decern 

ber 1. 

Amount of real estate held by foreclosure, .... 
Estimated value of same, . . . . . 



:{ 



The total amount of loans with each specified rate of interest: 
$5,000, 4 per cent.; $1,000, 5 per cent.; $19,105.31, 6 per cent. ; 
$75,154, 7 per cent. ; $1,734, 7£ per cent. ; $42,935, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 114 

Aggregate amount of the same, . . ... 

Number of open accounts, 591 

Number and am't of deposits received for the previous year, . 248 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 25 
Number and amount of withdrawals, . . . . 265 

Number of accounts opened during the previous year, . . 48 
Number of accounts closed during the previous year, . . 47 
Amount of the expenses of the corporation during the previous 



$1,000 00 



$2,000 00 

$16,635 41 
6,458 13 
6,645 70 



$500 00 
600 00 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 13. 



108,228 31 

$24,821 35 

13,493 36 
26,279 71 



1,075 00 
10,000 00 



166 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan, 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 6s, 1865, 


$25,500 


$26,647 50 


$25,500 00 


City and Town Bonds, . HI 








City of Worcester 6s, H 






$12,000 


$13,320 00 


$12,000 00 


of Chelsea 6s, . 






8,000 


8,800 00 


8.000 00 


of Lynn 6s, 






9,000 


9,690 00 


9,000 00 


of Fall River 6s, 






4,000 


4,105 00 


4,000 00 


of Springfield 7s, 






2,000 


2,260 00 


2,000 00 


Town of Natick 7s, . 






9,000 


9,900 00 


9,000 00 


City of Providence, . 






10,000 


10,200 00 


10,000 00 



Bank Stock. 



State Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston, 
Eliot Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
North America Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston, . 
Market Nat'l Bank, Boston, . 
Continental Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, . 
Central Nat'l Bank, Worcester, 
Millbury Nat'l Bank/Millbury, 
Leicester. Nat'l Bank, Leicester, 



$5,000 
2,000 
1,000 
5,000 
3,000 
3,000 
1,200 
1,000 
1,500 
1.000 
2,000 
2,500 
2,500 
2,500 
1,100 
8,700 



$5,438 00 



2,355 
1,070 
5,600 
3,240 
3,060 
1,302 
1,500 
1,598 
1,020 
2,180 
2,569 
2,809 
3,500 
1,320 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



10,005 00 



$5,397 50 



00 
00 
40 
00 
50 
00 



2,425 

1,100 

5,954 

3,610 

3,162 

1,346 

1,178 75 

1,815 40 

1,150 00 

2,425 00 

2,612 50 

2,635 

3,525 

1,314 



00 
00 
50 



10,697 57 



Railroad Boxds. 



Eastern Railroad bonds, . 




$1,500 00 



$3,030 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



167 



LEOMINSTER SAYINGS BANK — LEOMINSTER. 

Incorporated 1865. Number of corporators, 35. 
Leonard Burrage, President. Treasurer, A. L. Burditt. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$535,865 81 
1,395 77 
1,500 00 


Public funds, .... 

Loans on public funds, . 

Bank stock, .... 

Loans on bank stock, 

Real estate, ; 

Loans on real estate, 

Loans on personal security, . 

Expense account, 

Cash on hand, .... 


$2,427 50 

600 00 

52,671 00 

8,770 00 

2,200 00 

384,860 00 

77,800 00 

2 00 

10,431 08 


> 


$539,761 58 


$539,761 58 



Real estate acquired by foreclosure, $2,200 00 

Estimated value of same, . . 3,600 00 



Loans on Public Funds — amount on each : 
On United States bonds, par value $600, 

Loans on Bank Stock — amount on each: 
On 106 shares Eirst National Bank, Leominster, . 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, > 2% per cent. , 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$12,000, 6 per cent. ; $20,000, 6£ per cent. ; $440,030, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 395 

Aggregate amount of the same, 

Number of open accounts, 1,678 

Number and am't of deposits received for the previous year, . 938 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 78 
Number and amount of withdrawals, .... 1,196 

Number of accounts opened during the previous year, . . 222 
Number of accounts closed during the previous year, . . 331 
Amount of the expenses of the corporation during the previous 



$600 00 



$8,770 00 



,331 87 
13,167 38 
13,154 05 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, May 25. 



$332,355 00 

82,211 48 

41,912 68 
112,970 08 



1,774 50 
40,000 00 



168 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 





Par Yalue. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 


• 


|2,000 


$2,160 00 


$2,427 50 




Bank Stock. 





Webster !Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
First Nat'l Bank, Leominster, 



$7,500 

6,200 

36,000 



$7,650 00 

6,882 00 

40,320 00 



$7,724 00 

6,625 00 

38,322 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



169 



LEXINGTON SAVINGS BANK — LEXINGTON. 

Incorporated March, 1871. Number of corporators, 38. 
Geo. W. Robinson, President. Treasurer, C. T. West. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$120,696 59 

3,536 85 

752 84 


Bank stock, .... 

Loans on real estate, 

Loans on personal security, . 

Deposit in banks on interest, . 

Expense account, 

Tax account, .... 

Cash on hand and in bank, 


$5,000 00 

85,650 00 

27,700 00 

5,517 63 

459 26 

449 43 

209 96 




$124,986 28 


$124,986 28 



Cash on deposit in Banks : 
Commonwealth National Bank, Boston, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2 per cent., 

for the previous year, ) 2£ per cent, 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6 per cent. 
The total amount of loans with each specified rate of interest: 

$31,200, 7 per cent. ; $77,150, 8 per cent. ; $5,000, 10 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 51 

Aggregate amount of the same, ....... 

Number of open accounts, 526 

Number and am't of deposits received for the previous year, 417 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 24 

Number and amount of withdrawals, 361 

Number of accounts opened during the previous year, . . 94 
Number of accounts closed during the previous year, . . 78 
Amount of the expenses of the corporation during the previous 

year 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 25. 

Bank Stock. 



$5,517 63 

$9,312 96 
2,780 06 
2,867 08 



65,850 00 

34,890 77 

15,888 26 
36,359 61 



475 69 
5,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Merchandise Nat'l Bank, Boston, 




$5,000 00 



170 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LOWELL FIVE CENTS SAVINGS BANK—LOWELL. 

Incorporated 1864. Number of corporators, 100. 

Horatio Wood, President. Treasurer, Abtemas S. Tyi.er. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$2,985,507 11 


Public funds, .... 


$222,975 00 


Guarantee fund, 


7,431 37 


Bank stock, .... 


486,510 00 


Other liabilities, 


2,054 98 


Loans on bank stock, 


10,400 00 






Real estate, .... 


89,996 86 






Loans on real estate, 


1,757,550 00 






Loans on personal security, . 


304,200 00 






Loans on railroad stock, . 


11,400 00 






Loans to counties, cities, or 








towns, 


70,000 00 






Loans to banks on interest, . 


6,154 11 






Expense account, 


3,650 30 






Furniture and fixtures, . 


9,036 48 






Profits, ..... 


15,246 90 






Insurance and taxes, 


6,866 74 






Cash on hand, .... 


1,010 07 




$2,994,996 46 


$2,994,996 46 



Loans on Bank Stock and U. S. Bonds — amount on each : 
On 45 shares Prescott National Bank, Lowell, . . . '. . $4,200 00 

On 15 shares Redemption National Bank, Boston ; 13 shares Mer- 
chants' National Bank, Lowell ; $200 U. S. Bonds, ... 500 00 
On 12 shares Appleton National Bank, Lowell ; 5 shares Prescott 
National Bank, Lowell ; $500 IT. S. Bonds, . . . . . 2,200 00 

On 15 shares Old National Bank, Lowell, . . . . . . 1,500 00 

On 20 shares First National Bank, Lowell, 2,000 00 



Loans on Railroad Stock — amount on each: 
On 260 shares Vermont and Massachusetts Railroad, 

Amount invested in real estate, 

Estimated value of real estate, . 



. $11,400 00 

. $89,996 86 
75,000 00 



Cash on deposit in Banks : 
Prescott National Bank, Lowell, 
Commonwealth National Bank, Boston, 



$5,467 43 
686 68 



Whole amount of interest or profits received or earned, 

Rate and amount of each semi-annual dividend ) 2|per cent., 

for the previous year, \ 2% per cent., 

Times for the dividends fixed by the by-laws: first Saturday of 

January and July. 
The total amount of loans with each specified rate of interest: 

$61,400, 5 per cent. ; $950,700, 6 per cent. ; $171,000, 6i per cent. ; 

$676,950, 7 per cent. ; $36,700, 7£ per cent. ; $181,550, 7 T 3 Tr per 

cent. ; $75,250, 8 per cent. 



$150,761 59 
f 70,698 50 
{ 72,241 61 



1878.] 



PUBLIC DOCUMENT — No. 8. 



171 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 108 

Aggregate amount of the same, $174,000 00 

Number of open accounts, . . . . . 11,237 

Number and am't of deposits received for the previous year, 7,747 579,205 15 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 336 187,580 22 
Number and amount of withdrawals, .... 5,590 526,615 43 
Number of accounts opened during the previous year, . 1,716 

Number of accounts closed during the previous year, . 1,599 

Amount of the expenses of the corporation during the previous 

year, 8,972 55 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, May 21. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881, 

" 'f " currency 6s, 

City and Town Bonds — ■ 
City of Cambridge, . . . ' . 

of Charlestown, 

of Lawrence, .... 

of Lowell, .... 
Town of Plymouth, .... 


$70,000 
70,000 

$15,000 

10,000 

20,000 

35,000 

5,000 


$77,525 00 
84,525 00 

$16,050 00 

10,700 00 

20,900 00 

38,500 00 

5,325 00 


$70,000 00 
70,000 00 

$15,000 00 

10,000 00 

20,000 00 

32,975 00 

5,000 00 



Bank Stock. 



Atlas Xat'l Bank, Boston, 
Atlantic Xat'l Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Bunker Hill Na'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
First Ward Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston, . 
Hamilton Nat'l Bank, Boston, 
Market Nat'l Bank, Boston, . 
Mechanics' Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 



$20,000 

8,500 

30,000 

3,000 

1,300 

10,000 

10,000 

15,000 

10,000 

15,000 

1,900 

10,000 

3,800 

15,000 

20,000 

15,000 

10,000 

5,000 

2,700 

12,000 

13,000 



$23,100 00 


11,305 


00 


32,250 


00 


3,525 


00 


2,216 


50 


10,200 


00 


10,700 


00 


21,075 


00 


10,800 


00 


16.200 


00 


1,520 


00 


18,525 


00 


4,113 


50 


16,500 


00 


22,400 


00 


16,893 


75 


11,825 


00 


5.325 


00 


3,523 


50 


14,130 


00 


14,105 


00 



$22,800 00 

11,537 50 

34,500 00 

4,258 00 

1,625 00 

10,000 00 

10,000 00 

19,050 00 

10,000 00 

17,100 00 

1,704 25 

10,580 00 

4.957 25 

18,750 00 

20,000 00 

15,145 CO 

12,600 00 

5.000 00 

3,240 00 

14,040 00 

13,910 00 



172 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Bedemption Nat'l Bank, Boston, 
Eepublic Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
Suffolk Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Union Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
First Nat'i Bank, Lowell, 
Merchants' Nat'l Bank, Lowell, 
Railroad Nat'l Bank Lowell, . 
Prescdtt Nat'l Bank, Lowell, . 
Old Lowell Nat'l Bank, Lowell, 



$15,000 

22,500 

20,000 

20,000 

5,000 

13,100 

5,000 

10,000 

10,000 

10,000 

3,300 

5,000 

8,500 

3,500 

15,000 

13,500 

8,300 



$19,537 50 
29,362 50 
21,800 00 
23,600 00 

5,925 00 
15,851 00 

5,437 50 
14,025 00 
11,050 00 
13,600 00 

4,397 25 

5,112 50 
11,900 00 

4,025 00 
17,287 50 
18,900 00 
10,790 00 



$20,100 00 
22,500 00 
20,000 00 
24,600 00 

6,900 00 
16,367 50 

5,230 00 
14,700 00 
12,225 00 
14,700 00 

4,569 00 

5,000 00 
11,305 00 

3,540 00 
16,200 00 
16,806 00 
10,970 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



173 



LOWELL INSTITUTION FOR SAVINGS — LOWELL. 

Incorporated 1829. Number of corporators, 64. 
Theodore Edsozst, President. Treasurer, George J. Carney. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$2,396,527 22 

19,446 22 
11,541 17 


Public funds, .... 

Bank stock, .... 

Loans on bank stock, 

Real estate, ". 

Loans on real estate, 

Loans to counties, cities, or 

towns, 

Loans to banks on interest, . 


$340,000 00 

327,700 00 

3,600 00 

20,334 06 

423,050 00 

1,236,500 00 
76,330 55 




$2,427,514 61 


$2,427,514 61 



Loans on Bank Stock — amount on each : 
On 40 shares Railroad National Bank, Lowell, 



,600 00 



Amount invested in real estate, 
Estimated market value of real estate, 



$20,334 06 
31,000 00 



Cash on deposit in Banks : 
Prescott National Bank, Lowell, 
First National Bank, Lowell, 



$3,000 00 
73,330 55 



Whole amount of interest or profits received, .... 
Rate and amount of each semi-annual dividend ) 2 per cent., 

for the previous year, ) 2 per cent. , 

Times for the dividends fixed by the by-laws : May and November. 
The total amount of loans with each specified rate of interest: 

$126,900, 5 per cent. ; $8,000, 5| per cent. ; $1,039,650, 6 per cent. ; 

$6,000, 6£ per cent. ; $208,000, 6$ per cent. ; $229,000, 6| per 

cent. ; $385,500, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 37 

Aggregate amount of the same, 

Number of open accounts, 5,860 

Number and am't of deposits received for the previous year, 8,688 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 306 
Number and amount of withdrawals, .... 3,693 
Number of accounts opened during the previous year, . . 937 
Number of accounts closed during the previous year, . . 622 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, May 22. 



:{ 



676 79 
44,421 96 
45,567 38 



70,000 00 

414,675 36 

169,669 00 
301,385 12 



6,232 57 
20,000 00 



174 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20, 1867, . 
" " " 6 per ct., 1881, 



$75,000 
265,000 



$81,000 00 
287,000 00 



$75,000 00 
265,000 00 



Bank Stock. 



Boylston Nat'l Bank, Boston, . 


$17,500 


$20,825 00 


$17,500 00 


Washington Nat'l Bank, Boston, 


3,200 


4,128 00 


3,200 00 


Second Nat'l Bank, Boston, 


47,300 


65,274 00 


47,300 00 


Columbian Nat'l Bank, Boston, 


17,900 


24,702 00 


17,900 00 


New England Nat'l Bank, Boston, . 


16,100 


21,252 00 


16,100 00 


Union Nat'l Bank, Boston, 


500 


670 00 


500 00 


Merchants' Nat'l Bank, Boston, 


34,100 


44,671 00 


. 34,100 00 


Tremont Nat'l Bank, Boston, . 


7,600 


8,208 00 


7,600 00 


Republic Nat'l Bank, Boston, . 


24,500 


31,360 00 


24,500 00 


Mt. Vernon Nat'l Bank, Boston, 


500 


570 00 


500 00 


Freeman's Nat'l Bank, Boston, 


3,600 


3,888 00 


3,600 00 


Eagle Nat'l Bank, Boston, 


45,000 


47,700 00 


45,000 00 


Atlas Nat'l Bank, Boston, 


15,000 


16,950 00 


15,000 00 


Hamilton Nat'l Bank, Boston, 


55,000 


63,800 00 


55,000 00 


Railroad Nat'l Bank, Lowell, . 


26,000 


29,900 00 


26,000 00 


First Nat'l Bank, Lowell, 


13,900 


20,155 00 


13,900 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



175 



LYNN FIVE CENTS SAVINGS BANK— LYNN. 

Incorporated 1855. Number of corporators, 57. 

Thomas B. Newhall, President. Treasurer, Benjamin Y. French. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,692,987 47 


Public funds, .... 


$143,210 64 


Earnings, undi- 




Bank stock, .... 


446,792 97 


vided, 


45,971 29 


Loans on bank stock, 


19,550 00 


Guarantee fund, 


4,500 00 


Railroad bonds, 


30,559 00 






Real estate, .... 


49,029 99 






Real estate by foreclosure, 


13,800 00 






Loans on real estate, 


752,787 09 






Loans on personal security, . 


16,700 00 






Loans to counties, cities, or 








towns, 


51,000 00 






Deposit in banks on interest, . 


213,314 50 






Expense account, 


1,162 18 






Cash on hand, .... 


5,552 39 




$1,743,458 76 


. $1,743,458 76 



Amount invested in real estate. 

Estimated value of real estate, . . . 

Amount of real estate held by foreclosure, 

Estimated value of real estate held by foreclosure, .... 

Loans on Bank Stock — amount on each: 
On 195 shares National City Bank, Lynn, and 5 shares National 

Exchange Bank, Boston, 

On 4 shares People's National Bank, Boston, 

Cash on deposit in Banks : 
National City Bank, Lynn, . 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2-J per cent., 

for the previous year, } 2$ per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 
$16,500, 5 per cent. ; $140,300, 6 per cent. ; $110,425, 6£ per cent. ; 
$2,000, 6f per cent.; $396,022.09, 7 per cent.; $38,100, 7^ per 
cent. ; $128,790, 7£ per cent. ; $7,900, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 368 

Aggregate amount of the same, 

Number of open accounts, 8,251 

Number and am't of deposits received for the previous year, 8,027 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, •. . . 220 
Number and amount of withdrawals, .... 6,908 
Number of accounts opened during the previous year, . 1,393 

Number of accounts closed during the previous year, . 1,357 
Amount of the expenses of the corporation during the previous year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 14. 



$49,029 99 
40,000 00 
13,800 00 
13,000 00 



$19,150 00 
400 00 

$213,314 50 

$126,803 90 
C 40,570 05 
i 40,303 24 



408,927 19 

343,693 34 

109,750 m 
436,701 53 



5,343 18 
15,000 00 



176 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States currency bonds, 6s, . 


$50,000 


$60,500 00 


$43,127 04 


State bonds — Maine 6s, . 


$7,000 


$7,840 00 


$7,000 00 


City and Town Bonds — 








City of Lynn, . . . . 


$12,000 


$12,720 00 


$11,960 00 


of Chelsea, 






5,000 


5,450 00 


5,000 00 


of Fall River, . 






21,000 


21,555 00 


20,061 00 


of Lawrence, 






10,000 


10,850 00 


9,475 00 


of Somerville, . 






10,000 


10,900 00 


10,000 00 


Town of Plymouth, . 






26,000 


28,680 00 


26,587 60 


of Brookline, 


10,000 


11,700 00 


10,000 00 



Bank Stock. 



Nat'l City Bank, Lynn, . 


$36,800 


$48,944 00 


$47,122 50 


Central Nat'l Bank, Lynn, 


8,700 


11,571 00 


11,071 97 


First Nat'l Bank, Lynn, . 


3,400 


3,910 00 


3,980 00 


North Nat'l Bank, Boston, 


18,000 


21,060 00 


20,612 75 


Exchange Nat'l Bank, Boston,. 


47,000 


74,260 00 


72,440 37 


First Nat'l Bank, Boston, 


29,500 


54,575 00 


51,611 75 


Globe Nat'l Bank, Boston, 


8,800 


9,592 00 


11,500 00 


Redemption Nat'l Bank, Boston, 


25,300 


32,890 00 


34,000 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,665 00 


1,500 00 


Revere Nat'l Bank, Boston, 


11,500 


12,535 00 


11,817 13 


Freeman's Nat'l Bank, Boston, 


2,500 


2,700 00 


2,500 00 


Shoe and Leather Nat'lB'k, Boston, 


1,500 


1,770 00 


1,500 00 


Continental Nat'l Bank, Boston, 


30,400 


30,400 00 


34,875 00 


Traders' Nat'l Bank, Boston, . 


13,000 


13,260 00 


13,649 00 


Boylston Nat'l Bank, Boston, . 


1,400 


1,694 00 


1,900 00 


Columbian ISTat'l Bank, Boston, 


11,700 


16,380 00 


15,000 00 


Union Nat'l Bank, Boston, 


12,700 


17,272 00 


18,000 00 


Blackstone Nat'l Bank, Boston, 


7,500 


7,950 00 


9,412 50 


Merchants' Nat'l Bank, Boston, 


23,000 


30,360 00 


31,300 00 


Republic Nat'l Bank, Boston, . 


3,000 


3,900 00 


4,000 00 


Tremont Nat'l Bank, Boston, . 


12,700 


13,843 00 


17,000 00 


Commonwealth Nat'l Bank, Boston, 


5,000 


5,300 00 


5,000 00 


South Danvers Nat'l Bank, Peabody, 


3,500 


5,285 00 


4,500 00 


Naumkeag Nat'l Bank, Salem, 


1,800 


2,736 00 


2,500 00 


Georgetown Nat'lBank, Georget'wn, 


10,000 


10,000 00 


10,000 00 


Merchandise Nat'l Bank, Boston, . 


10,000 


10,000 00 


10,000 00 



Railroad Bonds. 



Eastern Railroad bonds, . 

Old Colony and Newport R.R. bonds, 




$5,300 00 
20,400 00 



$10,059 00 
20,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



17T 



LYNN INSTITUTION FOR SAVINGS — LYNN. 

Incorporated 1826. Number of corporators, 61. 

Philip A. Chase, President. Treasurer, D. H. Swbetser. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,912,587 00 


Public funds, .... 


$388,427 50 


Earnings, undi- 




Loans on public funds, . 


7,100 00 


vided, 


35,015 28 


Bank stock, .... 


291,861 00 


Guarantee fund, 


13,500 00 


Loans on bank stock, 


21,350 00 






Railroad bonds, 


19,700 00 






Real estate, .... 


60,000 00 






Real estate by foreclosure, 


1,571 26 






Loans on real estate, 


881,695 00 






Loans on personal security, . 


32,450 85 






Loans to counties, cities, or 








towns, 


120,228 00 






Loans to banks on interest, . 


122,181 09 






Tax titles, ..... 


1,041 72 






Cash on hand, .... 


13,495 86 




$1,961,102 28 


$1,961,102 28 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $7,100, 

Loans on Bank Stock — amount on each : 
On 80 shares City National Bank, Lynn, . 
On 140 shares First National Bank, Lynn, 
On 8 shares National Bank, Brighton, 



$7,100 00 



$7,450 00 

13,500 00 

400 00 



Amount invested in real estate, ........ $60,000 00 

Estimated value of real estate, . . . . . . . . 60,000 00 

Amount of real estate held by foreclosure, ..... 1,571 26 

Estimated value, 1,600 00 

Cash on deposit in Banks : 

Merchandise National Bank, Boston, $64,969 99 

First National Bank, Lynn, 57,211 10 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 2-J per cent., 
for the previous year, ) 2-£- per cent., 

Times for the dividends fixed by the by-laws : May 1 and Novem- 
ber 1. 

The total amount of loans with each specified rate of interest: 
$10,200, 41 per cent. ; $18,600, 5 per cent. ; $62,720, 6 per cent. ; 
$551,608, 7 per cent. ; $35,000, 7 T % per cent. ; $117,825, 7£ per 
cent. ; $58,562, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 292 

23 



:! 



$100,022 96 
43,246 15 
43,913 36 



178 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same, $419,340 00 

Number of open accounts, . . . . . 5,487 

Number and am't of deposits received for the previous year, 4,396 340,130 00 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 263 149,546 00 
Number and amount of withdrawals, .... 4,722 393,585 89 
Number of accounts opened during the previous year, . . 876 
Number of accounts closed during the previous year, . . 784 
Amount of the expenses of the corporation during the previous 

year, 5,215 27 

Amount of treasurer's bonds, 50,000 00 

"Date of examination by the Commissioner, September 14. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 5s of 1881 bonds, 


$10,000 


$10,600 00 


$11,000 00 


" " 6s of 1881 bonds, 


15,000 


16,500 00 


16,500 00 


" " 4^ per cent, bonds, 


95,000 


99,987 00 


100,700 00 


City and Town Bonds — 








City of Cambridge 6s, . 


$10,000 


$11,000 00 


$9,700 00 


of Lynn 6s, 1 




30,000 


31,800 00 


30,000 00 


of Lynn 6s, 




7,000 


7,700 00 


6,510 00 


of Lynn 5s, 




29,000 


29,000 00 


26,780 00 


of Lowell 6s, . 




10,000 


11,000 00 


9,900 00 


of Somerville 6|s, 




20,000 


22,000 00 


20,000 00 


of Somerville 6s, 




10,000 


10,600 00 


10,000 00 


of Somerville 5£, 




5,500 


5,660 00 


5,500 00 


of Somerville 7s, 




25,000 


25,500 00 


25,750 00 


Town of Arlington 6s, 




10,000 


11,000 00 


9,300 00 


of Woburn 6s, 




25,000 


27,500 00 


23,250 00 


of Brookline 7s, 




10,000 


11,000 00 


10,500 00 


City of Boston 6s, . 




10,000 


11,000 00 


9,700 00 


of Boston gold 5s, 




5,000 


5,100 00 


5,000 00 


of Fall River gold 5s, 




25,000 


25,500 00 


25,000 00 


Town of Natick 7s, . 




4,000 


4,400 00 


4,000 00 


of West Newbury 5s, 




1,000 


1,000 00 


987 50 


City of Portsmouth, N.H., 6s, 




5,000 


5,250 00 


5,250 00 


of Bath, Me., 6s, 




5,000 


5,250 00 


5,100 00 


of Augusta, Me., 6s, 




4,000 


4,200 00 


4,000 00 


of Fall River 6s, 




4,000 


4,200 00 


4,000 00 


Town of Saugus 5s, . 




10,000 


10,000 00 


10,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 


$10,000 


$11,500 00 


$11,380 00 


Atlantic Nat'l Bank, Boston, . 


5,300 


7,049 00 


6,890 00 


Rockland Nat'l Bank, Boston, . 


10,000 


14,100 00 


16,000 00 


Exchange Nat'l Bank, Boston, 


5,500 


9,075 00 


6,270 00 


Shoe and Leather Nat'l B'k, Boston, 


6,000 


7,110 00 


7,440" 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



179 



Bank Stock — . Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Suffolk Nat'l Bank, Boston, 
Xew England Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Market Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Freeman's Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Second Nat'l Bank, Boston, 
Continental JSTat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Republic Nat'l Bank, Boston, . 
Union ISTat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 
North America ISTat'l Bank, Boston 
Merchants' Nat'l Bank, Boston, 
First Nat'l Bank, Lynn, . 
Central Nat'l Bank, Lynn, 
City JSTat'l Bank, Lynn, . 



.|6,500 
5,900 
8,900 
2,500 
2,000 
1,300 
5,000 
8,300 
3,500 
5,400 
10,000 
7,300 
7,400 
2,500 
2,400 
2,500 
5,000 
3,400 
5,000 
44,000 
30.100 
32,000 



$7,865 00 
7,906 00 

12,460 00 
2,675 00 
2,360 00 
1,404 00 
5,100 00 

11,620 00 
3,570 00 
5,886 00 

13,000 00 
9,928 00 
7,844 
4,625 
2,664 
2,700 
5,100 
3,672 
6,650 00 

51,780 00 

40,635 00 

43,200 00 



00 
00 
00 
00 
00 
00 



00 
00 
00 
00 
00 
00 
00 



•$6,500 

5,900 
10,057 

2,825 

2,000 

1,300 

5^400 
12,450 00 

4,200 00 

6,372 00 
12,800 00 
11,680 00 

9,990 00 

4,950 00 

2,640 

2,750 

5,000 

3,740 

7,000 
48,180 00 
38,227 00 
40,000 00 



00 
00 
00 
00 
00 



Railroad Bonds. 



Eastern Railroad certificates, . 




$19,700 00 



180 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MALDEN SAVINGS BANK— MALDEN, 

Incorporated March 30, 1860. Number of corporators, 26. 

Caleb "Watt. President. Treasurer, Chatu/f.s Merrill. 

Statement. 



Liabilities. 



Assets. 



Talue on Books. 



Deposits. . 


$304,659 59 


Public funds, 


854.000 00 


Earnings, undivided. 


1,634 00 


Bank stock, .... 


6,000 00 


Guarantee fund, 


1.150 00 


Loans on real estate. 


201.500 00 






Loans on personal security, . 


31.900 00 






Loans to counties, cities, or 








towns, 


5.500 00 






Expense account, 


2,601 49 






Cash on hand. .... 


5,942 10 




$307,443 59 


3307,443 59 



Cash on deposit in Banks : 
Maiden National Bank, Maiden, 



$5,942 10 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J- per cent., 

for the previous year, ) 2h per cent., 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest : 
$10,000, 6 per cent.; $6,000, 64 per cent; $222,900, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 93 

Aggregate amount of the same, . 

Number of open accounts, 1,465 

Number and am't of deposits received for the previous year, 1.4S1 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 60 
Number and amount of withdrawals, .... 1,191 

Number of accounts opened during the previous year, . . 250 
Number of accounts closed during the previous year, . . 164 
Amount of the expenses of the corporation during the previous 



S1S.S07 37 
6,403 66 
6,923 47 



year, 



Amount of treasurers bonds, .... 
Date of examination by Commissioner, June 12. 



156,100 00 

93,013 05 

35,030 39 
71,755 11 



1,200 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



181 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States currency bonds, 6s, . 
" " bonds, 5-20s, . 

City and Town Bonds — 
City of Fitchburg 6s, 
Town of Woburn 6s, 
City of Bath, Me., 6s, . 

of Bangor, Me., 6s, . 

of Fall River 6s, 

of Newton, .... 


$10,000 
10,000 

$1,000 
10,000 
5,000 
5,000 
5,000 
8,000 


$12,150 00 
10,850 00 

$1,110 50 
11,000 00 
5,125 00 
5,125 00 
5,450 00 
8,240 00 


$10,000 00 
10,000 00 

$1,000 00 
10,000 00 
5,000 00 
5,000 00 
5,000 00 
8,000 00 


Bank Stock. 


First Nat'l Bank, Maiden, 


$6,000 


$6,100 00 


$6,000 00 



MARBLEHEAD SAYINGS BANK — MARBLE HE AD. 

Incorporated 1871. Number of corporators, 30. 
Isaac C. Wyman, President. „ Treasurer, William Gillet. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$191,272 45 

5,585 00 

466 80 


Public funds, .... 

Bank stock, .... 

Railroad bonds, 

Real estate, .... 

Loans on real estate, 

Deposit in banks on interest, . 

Expense account, 

Cash on baud, .... 


$8,272 00 
56,614 79 
13,737 51 
15,297 20 
74,700 00 
27,610 78 
957 55 
134 42 




$197,324 25 


$197,324 25 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



Cash on deposit in Banks : 
Marblehead National Bank, Marblehead, .... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2-£ per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : first of May and 

November. 
The total amount of loans with each specified rate of interest: 

$1,600, 6 per cent. ; $28,150, 7 per cent. ; $6,750, 7^_ per cent. ; 

$1,050, 7£ per cent. ; $37,550, 8 per cent. 



:{ 



$15,297 20 
15,000 00 

$27,610 78 

$13,269 85 
4,371 60 
4,314 46 



182 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . '. .45 

Aggregate amount of the same, 

Number of open accounts, . . . . . . 986 

Number and am't of deposits received for the previous year, 571 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 31 

Number and amount of withdrawals, 642 

Number of accounts opened during the previous year, . . 112 
Number of accounts closed during the previous year, . . 119 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, September 13. 



$43,500 00 
37,789 00 

15,557 00 

40,493 77 



600 00 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested . 



City and Town Bonds — 
City of Chaiiestown, 
Town of Arlington, . 



$3,000 
5,000 



$3,300 00 
5,400 00 



$3,047 00 
5,225 00 



Bank Stock. 



Nat'l Grand Bank, Marblehead, 


$3,800 


$4,256 00 


$4,639 15 


Marblehead Nat'l B'k, Marblehead, 


1,020 


1,344 00 


1,344 00 


Merchants' Nat'l Bank, Boston, 


2,500 


3,300 00 


3,331 25 


North Nat'l Bank, Boston, 


2,500 


2,950 00 


3,056 25 


Shawmut Nat'l Bank, Boston, . 


2,500 


2,775 00 


3,084 37 


State Nat'l Bank, Boston, 


5,600 


5,992 00 


6,048 45 


Market Nat'l Bank, Boston, . 


900 


954 00 


999 00 


Mount Vernon Nat'l Bank, Boston, . 


2,000 


2,420 00 


2,505 20 


Shoe and Leather Nat'l B'k, Boston, 


100 


119 00 


121 25 


Continental Nat'l Bank, Boston, 


2,500 


2,500 00 


2,687 50 


Boylston Nat'l Bank, Boston, . 


3,100 


3,782 00 


3,839 50 


Blackstone Nat'l Bank, Boston, 


4,000 


4,320 00 


4,485 00 


Hamilton Nat'l Bank, Boston, . 


500 


582 50 


591 25 


Merchandise Nat'l Bank, Boston, . 


2,500 


2,562 50 


2,500 00 


Nat'l Revere Bank, Boston, 


500 


545 00 


540 00 


Nat'l Hide and Leather B'k, Boston, 


3,200 


3,520 00 


3,744 00 


Nat'l Bank of Commerce, Boston, . 


2,500 


2,625 00 


3,181 25 


Nat'l Bank of No. America, Boston, 


2,500 


2,675 00 


2,778 12 


Nat'l Bank of the Republic, Boston, 


2,400 


3,120 00 


3,072 00 


Nat'l Bank of Redemption, Boston, . 


2,900 


3,770 00 


4,067 25 



Railroad Bonds. 



Eastern Railroad bonds, 



$16,000 



1,120 00 



$13,737 51 



1878.] 



PUBLIC DOCUMENT — No. 8. 



183 



MARLBOROUGH SAVINGS BANK — MARLBOROUGH. 

Incorporated April 3, 1860. Number of corporators, 94. 

Elbridge Howe, President. Treasurer, Edmund C. Whitney. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$665,782 45 

17,177 97 

3,411 80 



Public funds, . . 

Bank stock, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Deposit in banks on interest, 
Expense account, 



,372 22 



$55,800 00 
92,389 00 

1,200 00 
439,250 00 

1 ,100 00 

63,900 00 

32,605 72 

127 50 

$686,372 22 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$1,200 00 
1,500 00 



.:{ 



Cash on deposit in Banks : 
First National Bank, Marlborough, ...... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 
for the previous year, . . . . • ) 2-J per cent., 
Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
The total amount of loans with each specified rate of interest: 

$439,250, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 241 

Aggregate amount of the same, 

Number of open accounts, 2,136 

Number and ain't of deposits received for the previous year, 1,228 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 90 

Number and amount of withdrawals, 821 

Number of accounts opened during the previous year, . . 390 
Number of accounts closed during the previous year, . . 256 
Amount of the expenses of the corporation during the previous 



$32,605 72 

$45,265 31 
15,755 07 
15,614 66 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, July 2. 



276,500 00 

103,498 00 

46,369 00 
116,910 39 



2,000 00 
25,000 00 



184 



BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5 per cent., 


$50,000 


$53,500 00 


$55,800 00 



Bank Stock. 



First Nat'l Bank, Marlborough, 
First Nat'l Bank, Lynn, . 
Continental Nat'l Bank, Boston, 
Market Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, . 
Globe Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Eliot Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Boston Nat'l Bank, Boston, 
Revere Nat'l Bank-, Boston, 
North America Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 



$36,300 
3,000 
6,800 
4,000 
4,000 
5,000 
3,000 
2,000 
1,600 
1,500 
1,500 
1,000 
1,000 
3,000 
2,000 
1,500 



$45,355 00 
3,750 00 
7,000 
4,280 
4,464 
5,500 
3,270 
2,226 
1,744 
1,740 
1,500 
1,120 
1,090 
3,270 
2,120 
1,620 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



00 
00 
00 
00 
00 



15,355 
3,690 
7,624 
4,480 
4,280 
6,270 00 
3,210 00 
2,060 
1,856 
1,770 
1,661 
1,090 
1,160 
3,540 
2,498 
1,845 



00 
00 
00 
00 
00 
00 
00 
00 
00 



1878.J 



PUBLIC DOCUMENT — No. 8. 



185 



MECHANICS' SAVINGS BANK — BOSTON* 
In liquidation. Receivers — Geo. B. Dwellby, John" F. Colby. 

Statements 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 


$268,386 57 
2,770 53 


Beal estate by foreclosure, 
Loans on reai estate, 
Deposit in banks on interest, . 
Expense account, 
Furniture and fixtures, . 
Brofit and loss, .... 
Cash, on band, . , . 


$85,848 38 

148,575 00 

13,551 54 

505 67 

200 00 

fl8,428 13 

4,048 38 




$271,157 10 


$271,157 10 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



Casb on deposit in Banks : 
Commonwealth National Bank, Boston, . 
Central National Bank, Boston, 
Shoe and Leather National Bank, Boston, 
Howard National Bank, Boston, 



$85,848 38 
69,000 00 



56,810 69 

2,569 11 

3,628 74 

543 00 



Whole amount of interest or profits received or earned, . . . $16,458 66 
Rate and amount of the first dividend of the principal of the de- 
posits payable July 11, 40 per cent., ...... 171,469 50 

The total amount of loans, with each specified rate of interest: 
$9,100 6 per cent. ; $22,750, 7 per cent. ; $17,000, *l\ per cent. ; 
$99,925, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . .35 

Aggregate amount of the same, 70,925 00 

Number of open accounts, . * . . . . » 1,709 

Amount of receivers' bonds, each, 20,000 00 

Date of examination by Commissioner, January. 



* Perpetually enjoined by a decree of the Supreme Judicial Court, January 12, 1877. 

f The principal losses realized are as follows : — ' 
Loss on sale of United States bonds — amount invested, $24,850, . . . .. $1,987 50 

Loss on sale of bank stock — amount invested, $61,678.25, 8,592 46 

Loss on sale of furniture and fixtures — amount invested, $3,633.84, . . . 3,036 84 

Loss by cancellation of lease of banking-room, for two years and three months, 

$13,916.87, . . . . • • . . ' . . . , 6,500 00 

24 



186 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MECHANICS' SAYINGS BANK - HOLYOKE. 

Incorporated 1872. Number of corporators, 41, 
James H. Newton, President. Treasurer, C. B. Prescott. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


8248,612 54 

4,754 60 

650 00 


Loans on public funds, . 
Bank stock, 
Loans on real estate, 
Loans on personal security. 
Expense account, . - . 
Furniture and fixtures, . 
Cash on hand, < 




$50 00 

21,708 50 

180,611 00 

43,726 05 

1,621 33 

1,571 23 

4,729 03 




$254,017 14 






6254,017 14 



$50 00 

$16,503 33 
6,012 33 

5,785 88 



Loans on Public Funds — amount on each : 
On United States bonds, par value, 350, ...... 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, ) 2-^- per cent., 

Times for the dividends fixed by the by-laws : May and November. 
The total amount of loans, with each specified rate of interest: 

$224,387.05, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 102 

Aggregate amount of the same, ........ 

Number of open accounts, 902 

Number and am't of deposits received for the previous year, 1,146 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . .62 

Number and amount of withdrawals, 820 

Number of accounts opened during the previous year, . . 257 
Number of accounts closed during the previous year, . . 213 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, .... 

Amount of assistant treasurer's bonds, 

Date of examination by Commissioner, July 25. 



126,632 00 

96,959 15 

37,898 00 
99,560 51 



1,365 50 
25,000 00 
10,000 00 



Bank 


Stock. 








Estimated 
• Par Value. , „ , , _ , 

Market Value. 


Amount Invested. 


Shoe and Leather Nat'l Bank, Boston, 
First Nat'l Bank Springfield, . 
Third Xat'l Bank, Springfield, 
Hadley Falls Xat'l Bank, Holyoke, . 


$2,200 
2,000 
5,000 
4,500 


$2,596 00 
3,000 00 
8,500 00 
7,200 00 


$3,008 50 
3,080 00 
8,500 00 
7,120 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



187- 



MECHANICS' SAVINGS BANK — LOWELL. 

Incorporated 1861. Number of corporators, 80. 
"William A. Bukke, President. Treasurer, Charles C. Hutchinson. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$2,073,104 23 


Public funds, .... 


$142,500 00 


Earnings, undi- 




Bank stock, .... 


191,650 00 


vided, 


15,910 65 


Loans on bank stock, 


13,000 00 


Guarantee fund, 


6,000 00 


Railroad bonds, 


136,500 00 


Other liabilities, 


413 42 


Real estate, .... 


195,127 13 






Loans On real estate, 


974.223 00 






Loans on personal security, . 


396,100 00 






Loans to counties, cities, or 








towns, 


17,500 00 


•> 




Loans to banks on interest, . 


1,125 99 






Expense account, 


1,968 36 






Unsettled insurance, 


990 38 






Premium account, . 


10,918 75 






Taxes, . . • . 


8,753 24 






Cash on hand, .... 


5,371 45 




$2,095,728 30 


$2,095,728 30 



Loans on Bank Stock — amount on each : 

On 16 shares Appleton National Bank, Lowell, • . . . . $200 00 

On 30 shares Railroad National Bank, Lowell, .... 3,000 00 

On 70 shares Commonwealth National Bank, Boston, . . . 7,000 00 
On 30 shares Railroad National Bank, Lowell, and 10 shares Pres- 

cott National Bank, Lowell, . 2,800 00 

Amount invested in real estate, . . $92,175 06 

Estimated value of real estate, 98,000 00 

Amount of real estate held by foreclosure, 102,952 07 

Estimated value of real estate held by foreclosure, .... 105,950 00 



Cash on deposit in Banks : 
Railroad National Bank, Lowell, 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividen ) 2-J per cent., 
for the previous year, ) 2-| per cent., 

Times for the dividends fixed by the by-laws : first Saturday of 
June and December. 

The total amount, of loans with each specified rate of interest: 
$315,000, 5 per cent. ; $337,700, 6 per cent. ; $28,100, ty per cent. ; 
$551,623, 7 per cent. ; $49,600, 7^ per cent. ; $62,050, 7i per 
cent. ; $39,250. 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 305 

Aggregate amount of the same, ....... 

Number of open accounts, 4,972 



:{ 



$1,125 99 

$131,364 24 
52,626 97 
50,946 62 



415,823 00 



188 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and am't of deposits received for the previous year, 2,613 $238,534 14 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 215 
Number and amount of withdrawals, .... 3,472 

Number of accounts opened during the previous year, . . 635 
Number of accounts closed during the previous year, . ' . 781 
Amount of the expenses of the corporation during the previous 

year, , 

Amount of treasurer's bonds, . . 25,000 00 

Date of examination by Commissioner, May 28. 



121,735 19 
415,521 67 



6,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

City and Town Bonds — 
City of Charlestown, 

of Hartford, Conn., . 

of Lowell, .... 
Town of Woburn, .... 


$50,500 

$19,000 

3,000 

50,000 

^ 20,000 


$54,040 00 

$19,000 00 

3,030 00 

55,000 00 

22,000 00 


$59,218 75 

$19,000 00 

3,000 00 

50,000 00 

20,000 00 



Bank 


Stock. 






New England Nat'l Bank, Boston, , 


$500 


$670 00 


$500 00 


Traders' Nat'l Bank, Boston, . 


800 


820 00 


800 00 


First Nat'l Bank, Boston, 


800 


1,480 00 


800 00 


City Nat'l Bank, Boston, 


900 


981 00 


900 00 


Mount Vernon Nat'l Bank, Boston, . 


1,000 


1,165 00 


1,000 00 


Howard Nat'l Bank, Boston, . 


1,300 


1,464 12 


1,300 00 


Merchants' Nat'l Bank, Boston, 


1,500 


2,002 50 


1,500 00 


Second Nat'l Bank, Fall Biver, 


2,000 


2,805 00 


2,000 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,220 00 


2,000 00 


Collateral Loan Co., Boston, . 


2,800 


2,800 00 


2,800 00 


Eliot Nat'l Bank, Boston, 


2,500 


2,712 50 


2,500 00 


No. America Nat'l Bank, Boston, . 


3,700 


3,922 00 


3,700 00 


Shawmut Nat'l Bank, Boston, . 


3,900 


4,602 00 


3,900 00 


Eagle Nat'l Bank, Boston, 


4,000 


4,320 00 


4,000 00 


Maverick Nat'l Bank, Boston, . 


4,400 


6,633 00 


4,400 00 


North Nat'l Bank, Boston, 


4,300 


5,052 50 


4,300 00 


Everett Nat'l Bank, Boston, . 


9,000 


9,810 00 


9,000 00 


Mechanics' Nat'l Bank, Boston, 


5,000 


6,250 00 


5,000 00 


"Webster Nat'l Bank, Boston, . 


5,000 


5,100 00 


5,000 00 


Commerce Nat'l Bank, Boston, 


6,000 


6,330 00 


6,000 00 


Boston Nat'l Bank, Boston, 


6,300 


7,213 50 


6,300 00 


Revere Nat'l Bank, Boston, 


21,400 


23,326 00 


21,400 00 


Republic Nat'l Bank, Boston, . 


8,300 


10,831 50 


8,300 00 


Blackstone Nat'l Bank, Boston, 


13,200 


14,190 00 


13,200 00 


Atlas Nat'l Bank, Boston, 


10,600 


12,243 00 


10,600 00 


Redemption Nat'l Bank, Boston, 


28,100 


36,600 25 


28,100 00 


Metropolitan Nat'l Bank, Boston, . 


10,000 


9,275 00 


10,000 00 


Railroad Nat'l Bank, Lowell, . 


23,300 


27,960 00 


23,300 00 


Bay State Nat'l Bank, Lawrence, . 


2,250 


2,850 00 


2,250 00 


First Nat'l Bank, Maiden, 


6,800 


7,820 00 


6,800 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Railroad Bonds. 



189 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Old Colony Railroad bonds, 
Boston and Maine Railroad bonds, 



$50,000 
86,500 



$55,125 00 
95,366 25 



$50,000 00 
88,700 00 



MEDFORD SAVINGS BANK — MEDFORD. 

Incorporated 1869. Number of corporators, 53. 
Henry Hastings, President. Treasurer, Daniel W. Lawrence. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$302,066 79 


Public funds, .... 


$28,035 00 


Earnings, undivided, 


6,838 72 


Bank stock, .... 


26,063 25 


Guarantee fund, 


1,000 00 


Railroad bonds, 


5,300 00 






Real estate by foreclosure, 


1,417 67 






Loans on real estate, 


210,600 00 






Loans on personal security, . 


6,450 00 






Loans to counties, cities, or 








towns, 


20,000 00 






Deposit in banks on interest, . 


11,736 12 






Cash on band, .... 


303 47 




$309,905 51 


$309,905 51 



Cash on deposit in Banks : 
National Exchange Bank, Boston, 



. $11,736 12 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2\ per cent., 

for the previous year, j 2% per cent., 

Times for the dividends fixed by the by-laws: first Saturday of 

May and November. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 

$37,200, 6 per cent. ; $17,500, 6£ per cent. ; $85,200, 7 per cent. ; 

$15,400, 7 T % per cent. ; $26,000, 7£ per cent. ; $88,500, 8 per cent. ; 

$250, 8-J- per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 123 

Aggregate amount of the same, 

Number of open accounts, 1,225 

Number and am't of deposits received for the previous year, . 933 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 31 



:! 



$21,404 94 
7,075 97 
7,144 34 



$138,250 00 



45,753 00 



16,427 00 



190 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals, 700 $50,127 94 

Number of accounts opened during tbe previous year, . . 144 
Number of accounts closed during the previous year, . . 132 
Amount of the expenses of the corporation during the previous 

year, 1,000 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, June 23. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City and Town Bonds — 








City of Boston 6s, . . 


$10,000 


$11,200 00 


19,750 00 


of Cambridge 6s, 


6,000 


6,600 00 


5,760 00 


Town of Melrose 7s, 


5,000 


5,650 00 


5,000 00 


City of Fall River, . 


7,000 


7,700 00 


7,525 00 



Bank Stock. 



Commerce Nat'l Bank, Boston, 


$1,600 


$1,696 00 


$1,728 00 


Blackstone Nat'l Bank, Boston, 


4,500 


4,860 00 


5,040 00 


Revere Nat'l Bank, Boston, 


500 


545 00 


540 00 


Eagle Nat'l Bank, Boston, 


1,000 


1,080 00 


1,120 00 


Republic Nat'l Bank, Boston, . 


1,500 


1,950 00 


1,875 00 


Commonwealth Nat'l Bank, Boston. 


2,000 


2,140 00 


2,240 00 


Monument Nat'l Bank, Boston, 


2,500 


4,375 00 


4,265 00 


Market Nat'l Bank, Boston, . 


1,000 


1,065 00 


1,050 25 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,220 00 


2,200 00 


Webster Nat'l Bank, Boston, . 


1,000 


1,020 00 


1,030 00 


Boston Nat'l Bank, Boston, 


2,500 


2,850 00 


3,100 00 


Hamilton Nat'l Bank, Boston, . 


1,500 


1,770 00 


1,875 00 



Railroad Bonds. 



Boston & Albany Railroad bonds, 




$5,750 00 



$5,300 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



191 



MEDWAY SAVINGS BANK — MEDWAY. 

Incorporated 1871. Number of corporators, 64. 
Milton M. Fisher, President. Treasurer, O. A. Mason. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$179,219 46 

4,678 52 
824 91 


Bank stock, .... 

Loans on bank stock, 

Real estate, .... 

Loans on real estate, 

Loans on personal security, . 

Expense account, 

Deposit in bank, 

Cash on hand, ... 


$19,842 50 

100 00 

6,922 37 

135,529 00 

20,026 50 

891 37 

959 43 

451 72 




$184,722 89 


$184,722 89 



Cash on deposit in Banks : 
Central National Bank, Boston, 



$959 43 



Loans on Bank Stock : 
On 5 shares First National Bank, Haverhill, 

H 

Amount of real estate held by foreclosure, 

Estimated market value of real estate, . . . . 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 
for the previous year, . . . . ) 2% per cent., 
Times for the dividends fixed by the by-laws : June and Decem- 
ber. 
The total amount of loans with each specified rate of interest: 
$7,232.97, 6 per cent. ; $7,500, 61 per cent. ; $140,922.53, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 218 

Aggregate amount of the same, 

Number of open accounts, . 769 

Number and am't of deposits received for the previous year, . 638 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any time for the previous year, .... 80 
Number and amount of withdrawals, . . . . . 673 
Number of accounts opened during the previous year, . . 106 
Number of accounts closed during the previous year, . . 103 
Amount of the expenses of the corporation during the previous 



$100 00 

$6,922 37 
7,000 00 

$11,006 61 
3,829 86 
3,927 11 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, April 16. 



$129,390 53 

87,604 26 

46,863 32 
75,803 49 



700 00 
6,000 00 



192 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Holliston Nat'l Bank, Holliston, 


$4,200 


$5,040 00 


$5,040 00 


Central Nat'l Bank, Boston, . 


6,500 


6,435 00 


6,667 50 


First Ward Nat'l Bank, Boston, 


4,000 


3,240 00 


4,100 00 


Eleventh Ward Nat'l Bank, Boston, 


1,000 


1,000 00 


1,000 00 


Wrentham JSTat'l Bank, Wrentham, . 


525 


560 00 


595 00 


Dedham Nat'l Bank, Dedham, 


2,000 


2,400 00 


2,440 00 



MELROSE SAVINGS BANK — MELROSE. 

Incorporated 1872. Organized August 5, 1874. Number of corporators, 22. 

Wingate P. Sargent, President. Treasurer, Elbridge H. Goss. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$50,641 73 

1,283 32 

108 94 


Public funds, .... 

Loans on real estate, 

Loans on personal security, . 

Deposit in banks on interest, . 

Expense account, 

Cash on hand, .... 


$14,750 00 

33,050 00 

160 00 

3,300 00 

467 17 

306 82 




$52,033 99 


$52,033 99 



Cash on deposit in Banks : 
Blackstone National Bank, Boston, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, > 2-J per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 

$19,850, 7 per cent. ; $13,200, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 31 

Aggregate amount of the same, . 

Number of open accounts, ....... 446 

Number and am't of deposits received for the previous year, . 941 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 32 

Number and amount of withdrawals, 260 

Number of accounts opened during the previous year, . . 123 
Number of accounts closed during the previous year, . . 54 



$3,300 00 

$3,258 16 

897 74 

1,026 93 



28,050 00 

35,118 42 

17,250 51 
23,859- 46 



1878.] 



PUBLIC DOCUMENT — No. 8. 



193 



Amount of the expenses of the corporation during the previous 

year, $300 00 

Amount of treasurer's bonds, 5,000 00 

Date of examination by Commissioner, June 30. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and Town Bonds 
City of Fall River 6s, 
of Dover, N.H., 
of Gardiner, 

25 



$,000 
3,000 
2,000 



$,720 00 
3,150 00 
2,060 00 



$,600 00 
3,150 00 
2,000 00 



194 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MERCANTILE SAVINGS INSTITUTION — BOSTON. 

Incorporated 1861. Number of corporators, 3, and 290 stockholders. 
Lyman S. Hapgood, President. Treasurer, Aistson J. Stoke. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$3,599,758 32 


Public funds, . . 


$581,200 00 


Earnings, undi- 




Loans on public funds, . 


85 00 


vided, 


41,258 47 


Bank stock, .... 


12,600 00 


Capital stock, . 


205,571 18 


Loans on bank stock, 


1,000 00 


Guarantee fund, 


15,080 19 


Railroad bonds, 


212,700 00 






Real estate, .... 


176,725 81 






Real estate by foreclosure, 


316,116 25 






Loans on real estate, 


2,171,995 07 






Loans on personal security, . 


78,233 97 






Loans to counties, cities, or 








towns, 


49,075 00 


*• 




Expense account on mortgage 








loans, 


53,149 05 






Deposit in banks on interest, . 


70,262 43 






Accrued mortgage and bond, 








interest, etc., .... 


129,646 03 






Cash on hand, .... 


8,879 55 




$3,861,668 16 


$3,861,668 16 



Loans on Public Funds — amount on each : 
On United States bonds, par value, 



$85 00 



Loans on Bank Stock — amount on each : 
On 10 shares People's National Bank, Boston, . 



Amount invested in real estate, 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$1,000 00 

$176,725 81 
176,725 81 
316,116 25 
371,500 00 



Cash on deposit in Banks : 

Boston National Bank, Boston, .. 

Blackstone National Bank, Boston, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual ) li per cent, for 3 months, 

dividend for the previous year, . J 2£ per cent., 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 

$63,894.23, 6 per cent. ; $485,868.50, 7 per cent. ; $5,300, 7± per 

cent. ; $60,000, 7£ per cent. ; $1,629,751.51, 8 per cent. ; $2,500, 8£ 

cent. : $4,000, 9 per cent. 



:I 



$51,428 96 
18,833 47 

$245,776 87 
48,749 31 
91,861 86 



1878.] 



PUBLIC DOCUMENT — No. 8. 



195 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 638 



Aggregate amount of the same, 



$1,022,633 03 



Number of open accounts, 10,310 

Number and am't of deposits received for the previous year, 27,335 720,593 61 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 475 259,470 97 
Number and amount of withdrawals, .... 10,699 1,232,0S6 19 
Number of accounts opened during the previous year, . . 966 
Number of accounts closed during the previous year, . 2,063 
Amount of the expenses of the corporation during the previous 

year, 16,748 32 

Amount of treasurer's bonds, 12,000 00 

Date of examination by Commissioner, December 17. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Citv and Town Bonds — 








City of Boston, .... 


$10,000 


$11,250 00 


$9,725 00 


of Charlestown, 




35,000 


37,450 00 


35,000 00 


of Chelsea, , 




30,000 


33,000 00 


30,000 00 


of Fall River, . 




8,000 


8,720 00 


7,340 10 


of Fitch burg, . 




20,000 


21,600 00 


18,800 00 


of Haverhill, 




6,000 


6,480 00 


5,610 00 


of Holyoke, 




35,000 


38,500 00 


35,875 00 


of Lynn, .... 




22,000 


23,160 00 


21,618 75 


of Somerville, . 




40,500 


43,415 00 


40,600 00 


of Augusta, Me., 




20,700 


21,321 00 


19,615 50 


of Bangor, Me., 




15,000 


15,450 00 


14,275 00 


of Bath, Me., . 




47,700 


49,131 00 


45,087 07 


of Belfast, Me., 




35,000 


36,050 00 


31,995 00 


of Biddeford, Me., . 




2,000 


2,040 00 


1,800 00 


of Portland, Me, 




78,500 


80,855 00 


74,144 40 


of Rockland, Me., . ■ 




42,000 


43,050 00 


36,723 80 


of Dover, N.H., 




29,300 


30,032 50 


25,712 00 


of Manchester, N.H., 




10,000 


10,300 00 


10,000 00 


of Portsmouth, N.H., 




8,500 


8,712 50 


7,765 00 


of Burlington, Vt., . 




15,000 


15,375 00 


15,000 00 


of Norwich, Conn. , . 




38,000 


30,800 00 


29,366 40 


of New London, Conn., . 




3,000 


3,300 00 


3,195 00 


of "Water bury, Conn., 




5,000 


5,400 00 


5,306 25 


Town of Melrose, . 




10,000 


11,000 00 


10,000 00 


of Northampton, 


25,000 


26,250 00 


23,500 00 



Bank Stock. 



Eleventh Ward Nat'l Bank, Boston, 
Wachusett, Nat'l Bank, Fitchburg, . 
Westminster Nat'l B'k, Westminster, 




$1,600 00 
5,200 00 
6,000 00 



$1,600 00 
5,000 00 
6,000 00 



196 



BANK COMMISSIONERS' REPORT. 

Railroad Bonds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Boston and Lowell Railroad bonds, . 


$76,000 


$80,560 00 


$80,465 00 


Boston and Maine Railroad bonds, . 


29,000 


30,015 00 


30,015 00 


Boston, Clinton and Fitchburg R.R. 








bonds, ...... 


25,000 


22,500 00 


25,950 00 


Fitchburg and Worcester R.R. bonds, 


25,000 


22,500 00 


24,802 50 


Worcester and Nashua R.R. bonds, . 


24,000 


23,500 00 


22,860 00 


Cheshire Railroad bonds, 


33,700 


32,352 00 


31,707 75 



MERRIMACK RIVER SAYINGS BANK — LOWELL. 

Incorporated February 24, 1871. Number of corporators, 39. 
Jqsiah G. Peabody, President. Treasurer, Almy J. Flint. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$329,395 34 

5,336 03 

772 07 


Bank stock, .... 
Loans on bank stock, 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Loans to banks on interest, . 
Cash on hand, .... 


$30,399 12 

15,000 00 

5,500 00 

250,290 91 

29,600 00 

4,257 38 

456 03 




$335,503 44 


$335,503 44 



Real estate acquired by foreclosure, . $5,500 00 

Estimated value of the same, 5,000 00 



Loans on Bank Stock — amount on each : 
On 150 shares Wamesit National Bank, Lowell, 

Cash on deposit in Banks : 
Wamesit National Bank, Lowell, 



Whole amount of interest or profits received, 

Rate and amount of each semi-annual dividend ) 2-J per cent., . ( 
for the previous year, J 2£ per cent., . ( 

Times for the dividends fixed by the by-laws : May 1 and Novem- 
ber 1. 

The total amount of loans with each specified rate of interest: 
$9,000, 5 per cent. ; $97,134.66, 6 per cent. ; $7,000, 6| per cent. ; 
$158,056.25, 7 per cent. ; $9,200, 7£ per cent. ; $10,700, 7i per 
cent. ; $9,300, 8 per cent. 



$15,000 00 

$4,257 38 

$25,767 69 
7,532 16 
7,154 64 



1878.] 



PUBLIC DOCUMENT — No. 8. 



197 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 68 

Aggregate amount of the same, $85,906 25 

Number of open accounts, 787 

Number and am't of deposits received for the previous year, . 479 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 71 

Number and amount of withdrawals, 351 

Number of accounts opened during the previous year, . . 134 
Number of accounts closed during the previous year, . . 102 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 15,000 00 

Date of examination by Commissioner, May 28. 



34,906 90 

42,664 21 
31,451 38 



543 90 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Tremont Nat'l Bank, Boston, . 


$4,500 


$4,972 50 


$4,955 62 


Blackstone Nat'l Bank, Boston, 


3,400 


3,655 00 


3,799 50 


Atlantic Nat'l Bank, Boston, . 


1,000 


1,333 00 


1,351 50 


Atlas Nat'l Bank, Boston, 


3,000 


3,465 00 


3,525 00 


Hide and Leather Nat'l Bank, Boston, 


2,100 


2,352 00 


2,320 50 


Howard Nat'l Bank, Boston, . 


1,000 


1,127 50 


1,130 25 


North Nat'l Bank, Boston, 


900 


1,041 75 


1,086 75 


Metropolitan Nat'l Bank, Boston, . 


4,000 


3,700 00 


3,680 00 


Boston Nat'l Bank, Boston, 


5,000 


5,712 50 


5,750 00 


Redemption Nat'l Bank, Boston, 


2,000 


2,615 00 


2,800 00 



198 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MERRIMAC SAVINGS BANK — MERRIMAC .* 

Incorporated May, 1871. Number of corporators, 36. 

John S. Poyen, President. Treasurer, Dan'l J. Poore, Jr. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
First National Bank, 
Merrimac, 


$126,966 80 

2,171 83 

486 32 

142 84 


Bank stock, .... 
Railroad bonds, 
Loans on railroad bonds, 
Loans on real estate, 
Loans on personal security, . 
Loans to Merrimac Fire Dis- 
trict, 


$300 00 

7,000 00 

1,500 00 

61,615 00 

56,316 79 

3,036 00 




$129,767 79 


$129,767 79 



Loans on Railroad Bonds — amount on each : 
On bonds of West Amesbury Branch Railroad, par value, $1,600, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, > 1\ per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
The total amount of loans with each specified rate of interest: 
$33,334.38, 6 per cent.; $83,633.41, 7 per cent.; $5,500, *l\ per 
cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 70 

Aggregate amount of the same, 

Number of open accounts, ........ 467 

Number and am't of deposits received for the previous year, . 335 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 40 

Number and amount of withdrawals, 158 

Number of accounts opened during the previous year, . . 112 
Number of accounts closed during the previous year, . . 43 
Amount of the expenses of the corporation during the previous 



\\ 



$1,500 00 

$8,511 44 
2,627 50 
2,960 97 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, September 20. 



73,665 29 

42,041 78 

23,060 02 
19,124 28 



568 95 
10,000 00 



* Name changed from Amesbury Savings Bank to Merrimac Savings Bank, by Act of the Legis- 
lature, 1877. 



1878.] PUBLIC DOCUMENT — No. 8. 

Bank Stock. 



199 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Merrimac, . 


$300 


8390 00 


$390 00 


Railroad Bonds. 


West Amesbury Branch R.R. bonds, 


$7,000 


$7,210 00 


$7,000 00 



200 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MIDDLEBOROUGH SAVINGS BANK — MIDDLEBOROUGH. 

Incorporated March 15, 1873. Number of corporators, 40. 

Everett Robinson, President. Treasurer, C. B. "Wood. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Interest paid in ad- 
vance, . 
Guarantee fund, 


$197,526 23 
3,000 00 

3,113 82 
450 00 


Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Deposit in banks on interest, . 
Cash, on hand, .... 


$3,540 00 

126,672 00 

42,097 58 

7,000 00 

24,414 03 

3(36 44 




$204,090 05 


$204,090 05 



Cash on deposit in Banks : 
New England Trust Co., Boston, $24,414 03 

Whole amount of interest or profits received or earned, . . . $11,536 03 
Rate and amount of each semi-annual dividend ) 2£ per cent., . f 3,707 61 

for the previous year, ) 2£ per cent., . ( 4,305 02 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest: 

$1,000, 6 per cent. ; $174,769.38, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 231 

Aggregate amount of the same, . . . . . . . 142,321 73 

Number of open accounts, 933 

Number and am't of deposits received for the previous year, . 654 44,637 95 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 58 31,602 67 
Number and amount of withdrawals, . . . ' . 431 35,776 09 

Number of accounts opened during the previous year, . . 240 
Number of accounts closed during the previous year, . . 96 
Amount of the expenses of the corporation during the previous 

year, • 228 78 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, August 6. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Commerce Nat'l B'k, New Bedford, 


$3,000 


$3,600 00 


$3,540 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



201 



MIDDLESEX INSTITUTION FOR SAYINGS — CONCORD. 

Incorporated March, 1835. Number of corporators, 22. 

George M. Brooks, President. Treasurer, George Hetwood, 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,023,163 24 


Public funds, .... 


$25,000 00 


Earnings, undi- 




Bank stock, .... 


272,100 00 


vided, 


24,163 44 


Railroad bonds, 


140,000 00 


Guarantee fund, 


2,587 23 


Real estate by foreclosure, 


6,000 00 






Loans on real estate, 


417,018 80 






Loans on personal security, . 


102,050 00 






Loans to counties, cities, or 








towns, 


54,500 00 


■< 




Expense account, 


802 21 






Cash on hand, .... 


32,442 90 


' 


$1,049,913 91 


$1,049,913 91 



Real estate held by foreclosure, $10,800 00 

Estimated value of same, 13,000 00 

M 

Cash on deposit in Banks : 
Concord National Bank, Concord, $32,442 90 

Whole amount of interest or profits received or earned, . . . $66,923 27 
Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 24,780 19 

for the previous year, > 2£ per cent., . ( 24,874 97 

Times for the dividends fixed by the by-laws : June and Decem- 
ber. 
The total amount of loans with each specified 'rate of interest: 
$272,600, 5 per cent. ; $90,500, 6 per cent. ; $481,050, 7 per cent. ; 
$36,018.80, 7 t 3 q per cent. ; $98,300, 7£ per cent. ; $17,200, 8 per 
cent. ; $20,000, 9 per cent. ; $1,000, 10 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 144 

Aggregate amount of the same, 194,900 00 

Number of open accounts, 2,786 

Number and am't of deposits received for the previous year, . 980 146,094 12 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .99 54,882 26 
Number and amount of withdrawals, .... 1,364 145,921 87 
Number of accounts opened during the previous year, . . 276 
Number of accounts closed during the previous year, . . 282 
Amount of the expenses of the corporation during the previous 

year, 3,100 00 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, December 31. 

26 



202 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State bonds - 

u u 


- Maine, 
Rhode Island, 


• 


$11,000 
14,000 


$12,100 00 
15,400 00 


$11,000 00 
14,000 00 


Bank Stock. 



Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Faneuil Hall Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Revere Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
Webster Nat'l Bank, Boston, . 
Concord Nat'l Bank, Concord, . 
Old Lowell Nat'l Bank, Lowell, 
Marlborough Nat'l Bank, Marlboro', 
Framingham Nat'l B'k, Framing'm, 



$14,100 
13,300 

5,000 
10,000 

6,700 
15,000 
15,000 
16,700 
10,000 

2,800 

2,100 

7,200 
20.000 
15,000 
10,000 
30,000 

4,500 
10,000 
10,000 
13,800 

2,500 

10,000 

15,000 

10,000 

900 

2,000 
500 



$15,087 00 
14,896 00 

4,900 00 
11,500 00 

9,380 00 
15,750 00 
16,200 00 
18,705 00 
13,000 00 

5,130 00 

2,478 

7,920 
22,500 
20,000 
10,700 00 
32,400 00 

6,300 00 
11,800 00 
11,800 00 
14,904 00 

2,550 00 
10,900 00 
15,150 00 
12,500 00 

1,125 00 

2,300 00 
625 00 



00 
00 
00 
00 



00 
00 
00 
00 
00 
00 



$14,100 00 
13,300 00 

5,000 
10,000 

6,700 
15,000 
15,000 
16,700 
10,000 00 

2,800 00 

2,100 00 

7,200 00 
20,000 00 
15,000 00 
10,000 00 
30,000 00 

4,500 00 
10,000 00 
10,000 00 
13,800 00 

2,500 00 

10,000 00 

15,000 00 

10,000 00 

900 00 

2,000 00 
500 00 



Railroad Bonds. 



Easton and Albany Railroad bonds, . 
Bostern Railroad bonds, . 



$100,000 
42,000 



$116,500 00 
21,367 00 



$100,000 00 
40,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



203 



MILFORD SAVINGS BANK — MILFORD. 

Incorporated April 24, 1851. Number of corporators, 49. 
Orison Underwood, President. Treasurer, James E. Walker. 



Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$659,485 33 

1,883 49 
2,409 31 



,778 13 



Public funds, 

Loans on public funds, 

Bank stock, 

Loans on bank stock, 

Real estate, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, 
Cash in Milford Bank, 



$55,260 00 
2,250 00 

113,088 74 
16,938 00 
31,000 00 

296,530 39 
60,662 11 

80,000 00 
8,048 89 



,778 13 



Loans on Public Funds — amount on each.: 
On United States bonds, par value, $3,000, 



J,250 00 



Loans on Bank Stock — amount on each : 
On 192 shares Milford National Bank, Milford, 
On 40 shares Oxford National Bank, Oxford, . 



$13,288 00 
3,650 00 



Amount invested in real estate, $31,000 00 

Estimated value of real estate, 31,000 00 

Cash on deposit in Banks : 
Milford National Bank, Milford, $8,048 89 

Whole amount of interest or profits received or earned, . . . $39,065 58 
Rate and amount of each semi-annual dividend ") 2£ per cent., . ( 15,006 79 

for the previous year, ) 2£ per cent., . ( 15,253 23 

Times for the dividends fixed by the by-laws : second Saturday 

of April and October. 
Average annual per cent, of divfdends for the term ending at the 

time of, and including, the last extra dividend : 6^ per cent. 
The total amount of loans with each specified rate of interest: 

$34,700, 5 per cent. ; $13,716.83, 5£ per cent. ; $126,200, 6 per cent. ; 

$21,745.28, 6i per cent. ; $177,819.96, 7 per cent. ; $6,000, 7 T % per 

cent. ; $10,760, 7i per cent. ; $22,938.43, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 194 

Aggregate amount of the same, . 205,691 51 

Number of open accounts, 2,409 

Number and am't of deposits received for the previous year, 1,647 156,418 54 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 107 55,999 22 



204 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals, .... 1,664 $120,795 62 

Number of accounts opened during the previous year, . . 387 
Number of accounts closed during the previous year, . . 320 
Amount of the expenses of the corporation during the previous 

year, 1,959 36 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 1. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, 

" " " 4£ per cent., 



$10,000 
42,000 



$10,837 50 
44,205 00 



111,950 00 
43,310 00 



Bank Stock. 



Milford Nat'l Bank, Milford, . 


$21,000 


$26,670 00 


$25,013 75 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,200 00 


10,659 50 


Eliot Nat'l Bank, Boston, 


4,800 


5,184 00 


5,682 99 


Home Nat'l Bank, Brockton, . 


10,000 


10,400 00 


10,000 00 


Union Nat'l Bank, Boston, 


3,900 


5,304 00 


6,313 50 


North Nat'l Bank, Boston, 


7,100 


8,360 25 


9,769 13 


Redemption Nat'l Bank, Boston, 


1,000 


1,302 50 


1,505 00 


Revere Nat'l Bank, Boston, 


4,000 


4,360 00 


4,645 00 


Continental Nat'l Bank, Boston, 


2,500 


2,550 00 


2,955 25 


Howard Nat'l Bank, Boston, . 


2,600 


2,928 25 


2,600 00 


Webster Nat'l Bank, Boston, . 


700 


715 75 


700 00 


Shawmut Nat'l Bank, Boston, . 


4,000 


4,270 00 


4,790 00 


Boylston Nat'l Bank, Boston, . 


700 


822 50 


1,070 12 


Blackstone Nat'l Bank, Boston, 


3,000 


3,217 50 


4,050 00 


Freeman's Nat'l Bank, Boston, 


4,000 


4,330 00 


5,360 00 


Shoe and Leather Nat'l B'k, Boston, 


200 


237 00 


274 50 


Central Nat'l Bank, Boston, . 


15,000 


14,568 75 


15,000 00 


Hopkinton Nat'l Bank, Hopkinton, . 


2,700 


3,375 00 


2,700 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



205 



MILLBUBY SAVINGS BANK — MILLBUBY. 

Incorporated 1854. Number of corporators, 40. 

Thomas J. Harrington", President. Treasurer, David Atwood. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$412,761 28 


Public funds, .... 


$24,000 00 


Earnings, undivided, 


10,678 74 


Bank stock, .... 


120,100 00 


Guarantee fund, 


1,000 00 


Loans on bank stock, . . . 


1,400 00 


Beserved profits, 


1,200 00 


Loans on real estate, 


240,575 00 






Loans on personal security, . 


1,300 00 






Loans to counties, cities, or 








towns, 


20,000 00 






Deposits in banks on interest, 


5,336 18 






Expense aceount, 


471 42 






Premium account, . 


11,519 08 






Cash on hand, .... 


938 34 




$425,640 02 


$425,640 02 



Cash on deposit in Banks : 
Millbury National Bank, Millbury, 



5,336 18 



Loans on Bank Stock — amount on each : 
On 14 shares Millbury National Bank, Millbury, .... 

Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, ) 2\ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$263,275, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . .< . . 136 

Aggregate amount of the same, 

Number of open accounts, 1,102 

Number and am't of deposits received for the previous year, . 815 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 64 

Number and amount of withdrawals, 623 

Number of accounts opened for the previous year, . . . 201 
Number of accounts closed for the previous year, . . . 119 
Amount of the expenses of the corporation during the previous 



$1,400 00 

$27,756 16 
9,120 02 
9,390 45 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, December 29. 



116,875 00 

75,825 72 

40,458 95 
58,005 71 



1,313 26 
20,000 00 



206 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

City Bonds — 
City of Portland, .... 
of Lawrence, .... 


$15,000 

$6,000 
3,000 


$16,149 00 

$6,345 00 
3,315 00 


$15,000 00 

$6,000 00 
3,000 00 



Baxk Stock. 



Commerce Xat'l Bank, Boston, 


$7,500 


$7,912 00 


$7,500 00 


Hide and Leather Xat'l B'k, Boston, 


5,000 


5,550 00 


5,000 00 


North America Xat'l Bank, Boston, 


900 


976 00 


900 00 


Commonwealth Xat'l Bank, Boston, 


10,000 


10,675 00 


10,000 00 


First Ward Xat'l Bank, Boston, 


5,000 


4,163 00 


5,000 00 


Blackstone Xat'l Bank, Boston, 


5,500 


5,844 00 


5,500 00 


Hamilton Xat'l Bank, Boston, 


2,500 


2,956 00 


2,500 00 


Xorth Xat'l Bank, Boston, 


4,000 


4,710 00 


4,000 00 


Continental Xat'l Bank, Boston, 


2,000 


2,020 00 


2,000 00 


Shawmut Xat'l Bank, Boston, . 


2,500 


2,950 00 


2,500 00 


Atlas Xat'l Bank, Boston, 


5,000 


5,750 00 


5,000 00 


Merchants' Xat'l Bank, Boston, 


2,300 


3,082 00 


2,300 00 


Old Boston Xat'l Bank, Boston, 


300 


366 00 


300 00 


Boston Xat'l Bank, Boston, 


1,300 


1,462 00 


1,300 00 


State Xat'l Bank, Boston, 


5,000 


5,400 00 


5,000 00 


Eagle Xat'l Bank, Boston, 


1,200 


1,272 00 


1,200 00 


Suffolk Xat'l Bank, Boston, . 


2,000 


2,400 00 


2,000 00 


Traders' Xat'l Bank, Boston, . 


5,000 


5,150 00 


5,000 00 


Hide and Leather Xat'l B'k, Boston, 


7,400 


8,769 00 


7,400 00 


Globe Xat'l Bank, Boston, 


4,200 


4,620 00 


4,200 00 


Eliot Xat'l Bank, Boston, 


10,000 


10,850 00 


10,000 00 


Second Xat'l Bank, Boston, 


3,500 


4,760 00 


3,500 00 


Worcester Xat'l Bank, Worcester, . 


900 


1,125 00 


900 00 


Central Xat'l Bank, Worcester, 


3,600 


4,500 00 


3,600 00 


Quinsigamond Xat'l B'k, Worcester, 


2,400 


2,760 00 


2,400 00 


Citizens' Xat'l Bank, Worcester, 


500 


575 00 


500 00 


Oxford Xat'l Bank, Oxford, . 


600 


750 00 


600 00 


Millbnry Xat'l Bank, Millbnry, 


15,000 


18,000 00 


15,000 00 


Merchandise Xat'l Bank, Boston, . 


5,000 


5,100 00 


5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



207 



MINEBS' SAYINGS BANK — WEST STOCKBRIDGE. 

Incorporated February 28, 1872. Number of corporators, 32. 
George W. Kniffin, President. Treasurer, Wi. C. Spaulding. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$37,533 49 
268 46 
100 00 


Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

Cash on hand, . . . 


$4,650 00 

27,235 00 

2,450 00 

1,894 84 
1,672 11 


■> 


$37,901 95 


$37,901 95 



Whole amount of interest or profits received or earned, . 
Eate and amount of each semi-annual dividend ) 2% P er cent. , 

for the previous year, . ... . ) 2-J per cent., 
Times for the dividends fixed by the by-laws : first Wednesday of 

January and July. 
The total amount of loans wi-th each specified rate of interest; 

$1,894.48, 6f per cent. ; $27,235, 7 per cent. ; $2,325, 7 T 3 ¥ per cent. ; 

$125, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 45 

Aggregate amount of the same, 

Number of open accounts, . . .... . . . 201 

Number and am't of deposits received for the previous year, . 112 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 3 

Number and amount of withdrawals, 132 

Number of accounts opened during the previous year, . . 26 
Number of accounts closed during the previous year, . . 34 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 6. 



:{ 



£,873 66 

1,036 17 

910 97 



27,579 84 

6,999 13 

1,800 00 
13,188 90 



174 34 

5,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Housatonic Nat'l Bank, Stockbridge, 



$3,100 



:,650 00 



$4,650 00 



208 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MONSON SAYINGS BANK — MONSON. 

Incorporated March 27, 1872. Number of corporators, 19. 
Charles H. Merrick, President. Treasurer, Edward F. Morris. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


3376,593 03 | 


Public funds, .... 


89,550 00 


Earnings, undivided, 


3,307 89 


Loans on public funds, . 


2,000 00 


Guarantee fund, 


1,400 00 ' 


Bank stock, .... 


40.859 50 






Loans on bank stock, 


16,058 18 






Railroad bonds, 


4,233 24 






Beal estate by foreclosure, 


13,802 57 






Loans on real estate, 


206,190 00 






Loans on personal security, . 


11,995 00 






Loans to counties, cities, or 








towns, 


26,700 00 






Expense account, 


20 00 






Cash on hand, .... 


49,892 43 




6381,300 92 


8381,300 92 



Loans on Public Funds — amount on each 
On United States bonds, par value, $2,000, 



$2,000 00 



Loans on Bank Stock — amount on each : 

On 60 shares Monson National Bank, Monson, .... $5,700 00 

On 10 shares First National Bank, Amherst, 1,000 00 

On 25 shares Chapin Banking and Trust Company, Springfield, . 2,500 00 

On 10 shares Third National Bank, Springfield, .... 1,200 00 

Amount of real estate held by foreclosure, $13,802 57 

Estimated value of real estate held by foreclosure, .... 12,500 00 



Whole amount of interest or profits received or earned, 

Rate and amount of each semi-annual dividend > 2J per cent., 

for the previous year, \ 2-J- per cent., 

Times for the dividends fixed by the by-laws: first Monday of 

April and October. 
The total amount of loans with each specified rate of interest: 

$30,000, 3 per cent.; $5,000, 4 per cent.; $23,700, 5 per cent.; 

$32,628.18, 6 per cent.; $121,025, 7 per cent.; $62,290, 7 t 3 q per 

cent. ; $6,000, 7£ per cent. ; $15,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 132 

Aggregate amount of the same, 

Number of open accounts, 978 

Number and am't of deposits received for the previous year, . 802 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 62 
Number and amount of withdrawals, 535 



:{ 



$22,540 58 
8,742*27 
S.876 38 



$184,513 18 

94,896 73 

36,504 66 
77,679 64 



1878.] 



PUBLIC DOCUMENT — No. 8. 



209 



Number of accounts opened during the previous year, . . 209 
Number of accounts closed during the previous year, . . 137 
Amount of the expenses of the corporation during the previous 

year, . $1,000 00 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 27, 



Public Funds. 





Par Value, 


Estimated 
Market Value. 


Amount Invested. 


Town Bonds — 
Town of Westneld, .... 


$10,000 


$10,500 00 


$9,550 00 


Bank Stock. 



Eagle Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Commerce Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Webster Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Exchange Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Revere National Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Ware Nat'l Bank, Ware, .' 
Monson Nat'l Bank, Monson, . 



$2,000 

• 2,000 

4,000 

3,400 

3,000 

2,500 

2,000 

1,000 

1,000 

500 

500 

500 

1,000 

1,500 

2,500 

300 

5,200 



$2,200 00 


2,360 00 


4,840 00 


3,638 


00 


3,960 


00 


3,300 


00 


2,200 


00 


1,030 


00 


1,130 


00 


850 


00 


550 


00 


600 


00 


1,120 


00 


1,665 


00 


2,875 


00 


382 


50 


6,510 


00 



$2,260 00 
2,465 00 
5,070 
4 V 401 
3,946 
3,576 
2,290 
1,065 
1,162 

881 

577 

641 
1,150 
1,680 
2,800 

382 



00 
00 
25 
50 
00 
00 
75 
25 
75 
50 
00 
00 
00 
50 



6,510 00 



Railroad Bonds. 



Eastern Railroad bonds, 




$2,550 00 



:,233 24 



27 



210 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NANTUCKET INSTITUTION FOR SAVINGS. 

Incorporated 1834 f Number of corporators, 37. 

Joseph C. Chase, President. Treasurer, Matthew Barney. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$666,507 91 


Public funds, .... 


$44,200 00 


Earnings, undivided, 


5,524 99 


Loans on public funds, . 


1,375 00 


Guarantee fnnd, 


1,727 81 


Bank stock, 


131,900 00 






Real estate, .... 


3,575 00 






Real estate by foreclosure, 


37,583 61 






Loans on real estate, 


390,048 00 






Loans on personal security, . 


61,328 93 






Loans to bank on interest, 


461 87 






Expense account, 


783 72 






Premium account, . 


935 75 


\ 




Cash on hand, . , . . 


1,568 83 




$673,760 71 


$673,760 71 



Loans on Public Funds — amount on each : 
On United States bonds, 5-20s, par value, $1,900, , . f 

Amount invested in real estate, ...... 

Estimated value of real estate, ....... 

Amount of real estate held by foreclosure, .... 

Estimated market value of real estate held by foreclosure, , 

Cash on deposit in Banks : 
North National Bank, Boston, f , 

New England National Bank, Boston., . . . . . 

Pacific National Bank, Nantucket, . *. . . t 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2\ per cent., 

for the previous year, ) 2 per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$10,000, 4 per cent. ; $10,000, 5 per cent. ; $46,100, 6 per cent. ; 
$111,345, 6i per cent. ; $262,026.93, 7 per cent. ; $12,905, 7£ per 
cent. ; $375, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 126 

Aggregate amount of the same, 

Number of open accounts, . . , . . . 1,700 

Number and am't of deposits received for the previous year, . 764 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 69 
Number and amount of withdrawals, .... 1,765 

Number of accounts opened during the previous year, . . 135 
Number of accounts closed during the previous year, . . 185 



:-.{ 



$1,375 00 

$3,575 00 

3,575 00 

35,626 75 

32,300 00 



$111 65 
350 22 
644 55 

$41,830 59 
16,926 96 
12,891 70- 



129,288 93 

98,170 99 

36,325 39 
122,990 45 



1878.] 



PUBLIC DOCUMENT — No. 8. 



211 



Amount of the expenses of the corporation during the previous year, $2,536 76 

Amount of treasurer's bonds, 10,000 00 

Amount of assistant treasurer's bonds, • * 5,000 00 

Date of examination by Commissioner, August 8. 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881, 
" " " 5-20s, . 
," " " 4|-perct., t 

City Bonds — 
City of Bath, Me., . 

of Rockland, Me., . 
of Portsmouth, X.H., 
of Portland, Me., 


$7,200 

21,400 

1,000 

$8,000 
2,000 
1,000 

4,000 


$7,920 00 

23,115 00 

1,050 00 

$8,400 00 
2,080 00 
1,060 00 
4,320 00 


$7,200 00 

21,400 00 

1,063 75 

$7,640 00 
2,002 00 
1,060 00 
4,260 00 



Bank 


Stock. 






Atlas Xat'l Bank, Boston, 


$7,500 


$8,625 00 


$7,500 00 


North America Xat'l Bank, Boston, 


9,100 


9.646 00 


9,100 00 


Old Boston Nat'l Bank, Boston, 


1,500 


1,830 00 


1,500 00 


Commercial Xat'l B'k, New Bedford, 


7,400 


7,696 00 


7,400 00 


City Xat'l Bank, Boston, . - . 


2,400 


2,760 00 


2,400 00 


Commerce Xat'l Bank, Boston, 


4,600 


4,936 00 


4,665 00 


Exchange Xat'l Bank, Boston,. 


3.000 


4,950 00 


3,000 00 


Eagle Xat'l Bank, Boston, 


1,400 


1,512 00 


1,400 00 


Faneuil Hall Xat'l Bank, Boston, . 


7,000 


9,310 00 


7,000 00 


Howard Xafl Bank, Boston, . 


800 


896 00 


800 00 


Merchants' Xat'l B'k, Boston. . 


2,300 


3.059 00 


2,300 00 


Xorth Xat'l Bank, Boston, 


3,000 


3,540 00 


3,415 00 


New England Xat'l Bank, Boston, . 


600 


804 00 


600 00 


First Xat'l Bank, Xew Bedford, 


2,000 


2,080 00 


2,000 00 


First Xat'l Bank, Lynn, . 


2.900 


3.090 00 


2,954 00 


Pacific Xat'l Bank, Xantucket, 


17,800 


21,894 00 


17.800 00 


Revere Xat'l Bank, Boston, 


20,000 


22,180 00 


20.000 00 


Shoe and Leather Xat'l B'k, Boston, 


9,000 


10.620 00 


9,000 00 


State Xat'l Bank, Boston, 


5,700 


6.156 00 


5,700 00 


Shawmut Xat'l Bank, Boston, . 


1,300 


1,534 00 


1,300 00 


Traders' Xat'l Bank, Boston, . 


4,500 


4,590 00 


4,500 00 


Tremont Xat'l Bank, Boston, . 


4,800 


5,280 00 


4,800 00 


Union Xat'l Bank, Boston, 


700 


952 00 


700 00 


Washington Xat'l Bank, Boston, 


2,500 


3.275 00 


2,500 00 


"Webster Xat'l Bank, Boston, . 


7,500 


# 7,650 00 


7,500 00 


Mercantile Sav'gs Institution, Boston, 


200 


200 00 


200 00 


Continental Xat'l Bank, Boston, 


2,400 


2,400 00 


2,400 00 



212 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NATICK FIVE CENTS SAVINGS BANK — NATICK. 

Incorporated April 5, 1859. Number of corporators, 49. 

John" Kimball,, President. Treasurer, James Whitney. 

Statement. 



Li abilities . 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$501,544 26 

10,164 14 

1,207 99 


Bank stock, .... 
Loans on real estate, 
Real estate by foreclosure, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, • . 
Furniture and fixtures, . 
Cash on band, .... 


$48,905 50 

351,421 47 

2,500 00 

55,492 00 

29,500 00 

583 99 

24,513 43 




$512,916 39 


$512,916 39 



Real estate acquired by foreclosure, 
Estimated value of tbe same, 



$2,500 00 
2,500 00 



Casb on deposit in Banks : 
Natick National Bank, Natick, 



Wbole amount of interest or profits received or earned, . 
Rate and amount of eacb semi-annual dividend ) 24- per cent., 

for tbe previous year, j 24 per cent., 

Times for tbe dividends fixed by tbe by-laws: first Saturday of 

May and November. 
Average annual per cent, of dividends for tbe term ending at tbe 

time of, and including, tbe last extra dividend : 6 per cent. 
Tbe total amount of loans with each specified rate of interest: 

$29,500, 5 per cent. ; $29,500, 6 per cent. ; $9,100, 6i per cent. ; 

$49,172, 7 per cent. ; $3,570.69, 74 per cent. ; $313,570.78, 7 T 3 T per 

cent. ; $2,000, 8 per cent. 
Number of outstanding loans wbicb are of an amount not exceed- 
ing tbree tbousand dollars eacb, 271 

Aggregate amount of tbe same, 

Number of open accounts, . . . . . . 2,320 

Number and am't of deposits received for tbe previous year, 2,399 
Number and amount of deposits of, and exceeding, tbree bundred 

dollars at any one time for the previous year, . . . 116 
Number and amount of withdrawals, .... 1,516 
Number of accounts opened during the previous year, . . 535 
Number of accounts closed during the previous year,- . . 427 
Amount of the expenses of the corporation during the previous 

year 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 7. 



$23,421 01 

$31,733 83 
11,276 93 
11,162 99 



274,116 47 

148,979 74 

65,011 33 
149,084 51 



1,300 00 
30,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



213 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Natick Nat'l Bank, Natick, 
Maverick Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Home Nat'l Bank, Brockton, 
Redemption Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston, 
Wachusett Nat'l Bank, Fitchburg, 
Republic Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Monument Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Metropolitan Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 



$2,000 
1,000 
7,000 
1,000 
700 
1,100 
5,000 
1,400 
2,500 
5,000 
3,000 
4,600 
1,500 
500 
1,000 
1,300 
2,700 



$2,240 00 
1,500 00 
7,630 
1,400 
763 
1,265 
5,200 
1,820 
2,525 
2,900 
3,900 



00 
00 
00 
00 
00 
00 
00 
00 
00 



6,118 00 



2,715 

510 
930 

1,820 
2,700 



00 
00 
00 
00 
00 



$2,000 00 
1,300 00 
8,210 00 
1,560 00 

771 
1,320 
5,000 
2,135 
2,500 
5,000 
3,825 
6,393 75 
2,775 00 

581 

985 
1,855 
2,693 



75 
00 
00 
00 
00 
00 
00 



25 

00 

75 
00 



214 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NEEDHAM SAVINGS BANK - NEEDHAM. 

Incorporated April 7, 1874, Number of corporators, 41. 
Galen Orr, President. Treasurer, Emer*f Grover. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . , , 
Earnings, undivided, 
Guarantee fund, 


$30,340 56 
764 30 
107 78 


Bank stock, .... 

Loans on real estate, 

Loans on personal security, . 

Deposit in bank, 

Furniture, ■. . . 

Cash on hand, .... 


$4,634 50 

20,650 00 

3,700 00 

1,482 28 

519 36 

226 50 




$31,212 64 


$31,212 64 



Cash on deposit in Banks : 
Central National Bank, Boston, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-| per cent., 
for the previous year, . . . .) 2^ per cent., 

Times for the dividends fixed by the by-laws : June 1 and December 1. 
The total amount of loans with each specified rate of interest: 

$7,050, 7 per cent. ; $17,300, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 25 

Aggregate amount of the same, ....... 

Number of open accounts, 239 

Number and am't of deposits received for the previous year, . 150 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 8 

Number and amount of withdrawals, . . . . . . 119 

Number of accounts opened during the previous year, . .36 
Number of accounts closed during the previous year, . . 34 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, April 18. 

Bank Stock. 



$1,482 28 

$2,679 02 
623 94 
648 71 



24,350 00 

9,574 36 

4,384 36 
8,523 79 



220 52 
10,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Shawmut Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Market Nat'l Bank, Boston, . 



$500 
600 
500 
400 
700 
300 
200 
400 



$665 00 
637 50 
540 00 
435 00 
763 00 
345 00 
220 00 
426 00 



$700 00 
810 50 
608 75 
479 00 
911 00 
390 00 
276 50 
458 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



215 



NEW BEDFORD FIVE CENTS SAVINGS BANK — NEW BEDFORD. 

Incorporated 1855. Number of corporators, 120. 

Geo. Howland, Jr., President. Treasurer, Barton Rickbtson, Jr. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 
Other liabilities, 


$2,246,537 67 

38,627 42 
13,310 92 
17,096 10 


Public funds, . 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Loans to banks on interest, 

Expense account, 
Cash on hand, . , 




$1,153,000 00 

149,700 00 

3,440 00 

161,000 00 

323,538 36 

435,225 75 

73,873 85 

8,000 00 

298 54 

7,495 61 




$2,315,572 11 






$2,315,572 11 



Loans on Bank Stock — amount on each : 
On 149 shares Mechanics' National Bank, 150 shares Merchants' 
National Bank, 117 shares First National Bank, and 9, shares 
Commerce National Bank, all of New Bedford, .... 

Cash on deposit in Banks : 
Merchants' National Bank, New Bedford, .... 

Mechanics' National Bank, New Bedford, . . , , 

Citizens' National Bank, New Bedford, 

First National Bank, New Bedford, ...... 



Whole amount of interest or profits received or earned, , 
Rate and amount of each semi-annual dividend ") 2£ per cent., 

for the previous year, j 2-} per cent., 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest 

$133,500, 5 per cent. ; $611,845.11, 6 per cent. ; $16,859, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ....,,. 369 

Aggregate amount of the same, 

Number of open accounts, .,..".. 10,684 

Number and am't of deposits received for the previous year, 5,869 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 420 
Number and amount of withdrawals, .... 5,231 

Number of accounts opened during the previous year, . 1,100 

Number of accounts closed during the previous year, . . 972 
Amount of the expenses of the corporation during the previous 



$3,440 00 



$11,443 02 
11,671 31 

43,873 85 
11,714 59 

$125,096 47 
( 51,478 04 
{ 53,712 48 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, September 18. 



257,720 36 

443,859 86 

271,808 57 
417,629 34 



6,135 64 
15,000 00 



216 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20s, 1865, . 


$50,000 


$52,687 50 


$50,000 00 


" " " 6s, 1881, 


2,000 


2,207 50 


2,000 00 


" " " currency 6s, 


175,000 


212,406 22 


175,000 00 


" " " 5-20s, 


44,500 


47,003 12 


44,500 00 


City and Town Bonds — 








Town of Northampton, . 


$111,000 


$116,550 00 


$111,000 00 


of North Bridgewater, 




40,000 


40,800 00 


40,000 00 


City of New Haven, Conn., 




10,000 


10,500 00 


10,000 00 


of Holyoke, 




50,000 


55,500 00 


50,000 00 


of Norwich, Conn., . 




13,000 


14,300 00 


13,000 00 


of Calais, Me., . 




6,000 


6,180 00 


6,000 00 


of Portland, Me., . 




100,000 


105,000 00 


100,000 00 


of New Bedford, 




100,000 


110,000 00 


100,000 00 


of New Bedford, 




23,000 


23,000 00 


23,000 00 


of Cambridge, . 




30,000 


32,100 00 


30,000 00 


» of Newport, R.I., 




10,000 


10,400 00 


10,000 00 


of Chelsea, 




95,000 


103,550 00 


95,000 00 


of Bangor, Me., 




66,000 


67,320 00 


66,000 00 


of New Haven, Conn., 




76,500 


80,325 00 


76,500 00 


of Charlestown, 




25,000 


25,750 00 


25,000 00 


of Lowell, 




25,000 


27,250 00 


25,000 00 


of Hartford, Conn., . 




3,000 


3,240 00 


3,000 00 


of Salem, . 




25,000 


27,250 00 


25,000 00 


of Fall River, .... 


73,000 


75,920 00 


73,000 00 



Bank Stock. 






First Nat'l Bank, Boston, 


$10,000 


$18,500 00 


$10,000 00 


Third Nat'l Bank, Springfield, 


10,000 


15,500 00 


10,000 00 


Merchants' Nat'l B'k, New Bedford, 


49,400 


71,136 00 


49,400 00 


Revere Nat'l Bank, Boston, 


16,000 


17,440 00 


16,000 00 


Franklin Nat'l Bank, Franklin, 


6,000 


6,000 00 


6,000 00 


First Nat'l Bank, New Bedford, 


7,200 


7,704 00 


7,200 00 


Commerce Nat'l B'k, New Bedford, 


11,600 


12,064 00 


11,600 00 


Merchants' Nat'l Bank, Boston, 


10,000 


13,300 00 


10,000 00 


State NatTBank, Boston, 


2,000 


2,160 00 


2,000 00 


Tremont Nat'l Bank, Boston, . 


2,500 


2,750 00 


2,500 00 


Citizens' Nat'l Bank, New Bedford, 


20,000 


19,800 00 


20,000 00 


Merchandise Nat'l Bank, Boston, . 


5,000 


5,100 00 


5,000 00 



Railroad Bonds. 



Mansfield and Framingham Railroad 
bonds, ...... 

Boston and Albany Railroad bonds, 
6 per cent., . 

Eastern Railroad bonds, . 

Old Colony Railroad bonds, 6s, 
" " ' " " 7s, 

Boston and Maine Railroad bonds, 7 
per cent., ..... 



$33,500 

10,000 
52,500 
30,000 
20,000 

15,000 



$25,627 00 

10,600 00 
26,250 00 
30,600 00 
22,000 00 

16,537 00 



$33,500 00 

10,000 00 
52,500 00 
30,000 00 
20,000 00 

15,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



217 



NEW BEDFORD INSTITUTION FOR SAVINGS — NEW BEDFORD. 

Incorporated July, 1825. Number of corporators, 137. 

William Watkins, President. Treasurer, Chaeles H. Pierce. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, 


$9,607,859 59 


Public funds, .... 


$2,950,251 00 


Earnings, undi- 




Loans on public funds, . 


5,435 00 


vided, 


68,050 58 


Bank stock, . . . 


1,461,850 00 


Guarantee fund, 


60,500 00 


Loans on bank stock, 


58,910 00 






Railroad bonds, 


1,011,649 50 






Real estate, .... 


46,474 47 






~Tleal estate acquired by fore- 








closure, 


10,475 20 


■> 




Loans on real estate, 


562,811 00 






Loans on personal security, . 


3,098,824 12 






Loans on railroad bonds, 


18,000 00 






Loans on railroad stock, . 


34,750 00 






Loans to counties, cities, or 








towns, 


310,696 53 






Loans to banks on interest, . 


136,567 92 






Expense account, 


811 59 






- State tax, 


24,103 31 


- 




Cash on band, .... 


4,800 53 




$9,736,410 17" 


$9,736,410 17 



Loans on Public Funds — amount on each : 

On United States bonds, par value, $6,800, ...... $5,435 00 

Loans on Bank Stock — amount on each : 

On 280 shares First National Bank, Easton, $28,000 00 

On 36 shares Fairhaven National Bank, Fairhaven . 1,110 00 

On 100 shares Third National Bank, Springfield, . . . . 10,000 00 

On 153 shares Merchants' National Bank, New Bedford, . . 11,600' 00 

On 4 shares First National Bank, New Bedford, .... 400 00 

On 63 shares Mechanics' National Bank, New Bedford, . . . 6,300 00 

On 15 shares Falmouth National Bank, Falmouth, . . . 1,000 00 

On 5 shares National Bank of Commerce, 500 00 

Loans on Railroad Stock — amount on each: 
On 200 shares Boston and Albany Railroad ; on 50 shares Boston, 

Clinton, Fitchburg, and New Bedford Railroad, .... $22,00000 

On 150 shares Pittsfield and North Adams Railroad, . . . 12,750 00 



Amount invested in real estate, $46,474 47 

Estimated market value of real estate, 46,474 47 

Amount of real estate acquired by foreclosure of mortgage, . . 10,475 20 

Estimated value of same, 16,000 00 

Cash on deposit in Banks : 

Merchants' National Bank, New Bedford, . . . ' . . $25,910 96 

First National Bank, New Bedford, 985 32 

26 



218 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Commerce National Bank, New Bedford, 
Mechanics' National Bank, New Bedford . 
Massachusetts National Bank, Boston, 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, . . . . . ) 2-J per cent., 
Times for the dividends fixed by the by-laws : first Monday of April 

and October. 
The total amount of loans with each specified rate of interest: 
$125,000, 4 per cent. ; $15,000, 4£ per cent. ; $1,341,100, 5 per 
cent. ; $285,200, 5£ per cent. ; $1,702,379.21, 6 per cent. ; $10,000, 
6f per cent. ; $5,000, 6£ per cent. ; $579,211, 7 per cent. ; $6,000, 
7 T 3 -g- per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 210 

Aggregate amount of the same, 

Number of open accounts, 18,920 

Number and am't of deposits received for the previous year, 8,049 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 786 
Number and amount of withdrawals, .... 13,441 

Number of accounts opened during the previous year, . 1,742 
Number of accounts closed during the previous year, . 2,000 

Amount of the expenses of the corporation during the previous 



$51,655 15 
45,634 58 
12,381 91 

$534,253 23 
236,887 16 
236,311 45 



year, 



Amount of treasurer's bonds, . . . 

Date of examination by Commissioner, September 18. 



197,756 89 

1,028,358 47 

475,678 00 
1,571,163 24 



15,991 09 
20,000 00 



Public Funds. 



, 




Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$1,100,000 


$1,182,625 00 


$1,145,593 75 


County bonds — Sagadahoc Co., Me., 


$19,000 


$19,000 00 


$18,150 00 


City and Town Bonds — 








City of New Bedford, 


$454,000 


$496,500 00 


$451,355 00 


of Roxbury, 




7,000 


7,000 00 


6,430 00 


of Charlestown, 


• 


100,000 


103,000 00 


100,000 00 


of Springfield, . 




5,000 


5,400 00 


5,000 00 


of Fall River, . 




40,000 


41,600 00 


40,000 00 


of Manchester, N.H., 




20,000 


21,400 00 


20,000 00 


of Middletown, Conn.,. 




91,500 


96,000 00 


87,975 00 


of Greenfield, .' 




5,000 


5,400 00 


5,000 00 


Town of Buckland, . 




5,000 


5,400 00 


5,000 00 


of Shelburne, . 




6,000 


6,480 00 


6,000 00 


of Adams, 




3,000 


3,200 00 


3,000 00 


of Northampton, . 




50,000 


52,500 00 


50,000" 00 


City of Norwalk, Conn., . 




10,000 


11,200 00 


10,000 00 


of Boston, .... 


100,000 


102,500 00 


100,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



219 



Public 


Funds — Concluded. 




• 




Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City of Bangor, Me., 


$100,000 


$102,000 00 


$87,000 00 


of Rockland, Me., . 




50,000 


51,000 00 


44,922 00 


Town of Maiden, 




67,000 


71,840 00 


67,000 00 


of Medford, . 




50,000 


54,500 00 


50,000 00 


of Melrose, 




50,000 


54,500 00 


50,000 00 


of North Bridgewater, . 




10,000 


10,200 00 


10,000 00 


City of Meriden, Conn., . 




50,000 


55,000 00 


50,000 00 


Town of Harwich, . 




12,000 


12,600 00 


12,000 00 


City of Worcester, . 




150,000 


153,000 00 


150,000 00 


of Hartford, Conn., . 




30,000 


32,400 00 


30,000 00 


of Salem, . 




50,000 


54,500 00 


50,000 00 


of Burlington, Vt., . 




29,050 


29,050 00 


27,290 25 


of Tannton, . , 




20,000 


20,600 00 


20,000 00 


of Chelsea, 




85,000 


92,650 00 


85,000 00 


of Augusta, Me f , 




4,500 


4,680 00 


4,320 00 


of Dover, N.H., 




17,000 


17,340 00 


17,000 00 


of Bath, Me., . 




45,000 


45,900 00 


42,165 00 


of Newport, R.I., 




5,000 


5,200 00 


5,000 00 


of Concord, N.H., . 




5,000 


5,150 00 


5,000 00 


Town of Edgartown, 




40,000 


42,000 00 


36,800 00 


of Attleborough, . , 




50,000 


53,250 00 


53,250 00 



Bank Stock. 



Merchants' Nat'l B'k, New Bedford, 


$109,600 


$157,824 00 


$109,600 00 


First Nat'l Bank, New Bedford, 


135,600 


145,092 00 


135,600 00 


Commerce Nat'l Bank, New Bedford, 


136,600 


142,064 00 


136,600 00 


Mechanics' Nat'l Bank, Boston, 


100,000 


137,000 00 


100,000 00 


Citizens' Nat'l Bank, New Bedford, 


100,000 


99,000 00 


100,000 00 


Hide and Leather Nat'l B'k, Boston, 


19,700 


22,064 0.0 


21,750 00 


Boston Nat'l Bank, Boston, 


14,300 


16,302 00 


14,300 00 


Howard Nat'l Bank, Boston, . 


13,300 


14,896 00 


13,300 00 


Exchange Nat'l Bank, Boston, 


2,000 


3,200 00 


2,000 00 


Commerce Nat'l Bank, Boston, 


60,900 


63,945 00 


63,200 00 


Second Nat'l Bank, Boston, 


52,600 


73,640 00 


58,500 00 


No. America Nat'l Bank, Boston, . 


38,000 


41,040 00 


38,000 00 


Maverick Nat'l Bank, Boston, . 


10,000 


15,000 00 


10,000 00 


Republic Nat'l Bank, Boston, . 


48,500 


63,050 00 


. 51,700 00 


First Nat'l Bank, Boston, 


28,000 


42,550 00 


23,000 00 


Merchants' Nat'l Bank, Boston, 


. 22,500 


29,925 00 


22,500 00 


Eliot Nat'l Bank, Boston, 


8,300 


8,964 00 


8,300 00 


North Nat'l Bank, Boston, 


22,100 


25,636 00 


22,100 00 


City Nat'l Bank, Boston, 


2,700 


3,105 00 


2,700 00 


Tremont Nat'l Bank, Boston, . 


34,300 


37,730 00 


34,300 00 


Hamilton Nat'l Bank, Boston, . 


8,300 


9,794 00 


8,300 00 


Shawmut Nat'l Bank, Boston, . 


13,500 


15,930 00 


13,500 00 


Continental Nat'l Bank, Boston, 


25,000 


25,250 00 


25.000 00 


Eagle Nat'l Bank, Boston, 


16,800 


18,144 00 


17,300 00 


Massachusetts Nat'l Bank, Boston, . 


37,500 


43,125 00 


39,670 00 


Atlas Nat'l Bank, Boston, 


36,000 


41,400 00 


36,000 00 


Union Nat'l Bank, Boston, 


12,400 


16,492 00 


18,650 00 



220 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



State Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Columbian Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
New England Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Wachusett Nat'l Bank, Fitchburg, 
Monument Nat'l Bank, Boston, 
First Nat'l Bank, Chelsea, 
South Reading Nat'l B'k, Wakefield 
Fall River Nat'l Bank, Fall River, 
Metacomet Nat'l Bank, Fall River, 
First Nat'l Bank, Maiden, . 
Fairhaven Nat'l Bank, Fairhaven, 
Railroad Nat'l Bank, Lowell, . 
Third Nat'l Bank, Springfield, 
Merchandise Nat'l Bank, Boston, 



$8,200 
13,000 
26,000 
65,500 
13,000 
13,600 

3,200 
10,000 
20,000 

2,500 
10,000 
10,000 
20,000 

7,000 
20,000 
25,000 
15,000 

3,600 

9,000 
20,000 

5,000 



$8,856 00 
13,520 00 
35,360 00 
71,395 00 
17,030 00 
16,048 00 

4,320 00 
10,700 00 
26,000 00 

2,725 00 

5,000 00 
18,000 00 
22,000 00 

9,100 00 
27,000 00 
33,250 00 
19,500 00 

4,050 00 
10,350 00 
31,000 00 

5,100 00 



00 
00 
00 
00 



$8,200 00 
13,000 00 
26,000 00 
69,300 00 
13,000 00 
13,970 00 

3,430 
10,000 
31,300 

3,180 
10,000 00 
10,000 00 
20,000 00 

7,000 00 
20,000 00 
25,000 00 
15,000 00 

3,600 00 

9,000 00 
20,000 00 

5,000 00 



Railroad Bonds. 



Boston and Albany R.R. bonds, 7s, . 


$550,000 


$632,500 00 


$550,000 00 


Boston and Albany R.R. bonds, 6s, . 


50,000 


53,000 00 


50,000 00 


New Bedford and Taunton Railroad 








bonds, 6s, .... . 


59,500 


59,500 00 


57,807 50 


New Bedford Railroad bonds, 7s, 


75,000 


76,500 00 


75,000 00 


Eastern Railroad bonds, . 


53,500 


26,750 00 


50,000 00 


Worcester & Nashua R.R. bonds, 6s, 


125,000 


125,000 00 


125,000 00 


Old Colony Railroad bonds, 6s, 


100,000 


100,000 00 


100,000 00 


Leavenworth, Lawrence & Galveston 








Railroad bonds, .... 


21,000 


4,200 00 


3,842 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



221 



NEWBURYPORT FIVE CENTS SAVINGS BANK — NEW BUR YPORT. 

Incorporated April 24, 1854. Number of corporators,, 45. 

Eben Sumner, President. Treasurer, John A. Maynard. 

Statement. 



Liabilities. 


Assets. , 


Value on Books. 


Deposits, . 


$1,239,746 42 


Public funds, .... 


$30,000 00 


Earnings, undi- 




Bank stock, 


104,500 00 


vided, 


24,709 32 


Loans on bank stock, 


1,350 00 


Guarantee fund, 


3,509 81 


Railroad bonds, 


25,000 00 






Real estate, .... 


46,442 46 






Real estate held by foreclosure, 


79,325 97 






Loans on real estate, 


689,540 06 






Loans on personal security, . 


78,325 00 






Loans on railroad stock, . 


550 00 






Loans to counties, cities, or 






1 


towns, 


130,000 00 






Deposit in banks on interest, . 


50,578 96 






Expense account, 


158 33 






Cash on hand, . 


2,194 77 




$1,237,965 55 


$1,237,965 55 



Loans on Bank Stock — amount on each: 
On 7 shares .Market National Bank, Boston, 
On 8 shares First National Bank, Newburyport, 



$650 00 
700 00 



Loans on Railroad Stock — amount on each: 
On 1 share Boston and Maine Railroad ; 5 shares Boston and Albany 
Railroad, 



Amount invested in real estate, . 
Estimated value of real estate, . . 
Amount of real estate held by foreclosure,. 
Estimated value of real estate held by foreclosure, 



$550 00 

$46,442 46 
46,442 46 
79,325 97 
71,500 00 



Cash on deposit in Banks : 
First National Bank, Newhuryport, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend \ 2i per cent., 
for the previous year, - > 2£ per cent., ; 

Times for the dividends fixed by the by-laws : first Monday of May 
and November. 

The total amount of loans with each specified rate of interest: 
$122,586, 6 per cent. ; $26,700, 6i per cent. ; $353,819, 7 per eent. ; 
$21,660, 7 t 3 q per cent. ; $30,550, 7| per cent. ; $214,450, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 266 

Aggregate amount of the same, . . . .... 

Number of open accounts, 4,397 

Number and am't of deposits received for the previous year, 1,728 



:{ 



$50,578 96 

$70,107 03 
28,879 39 
29,250 96 



280,210 00 
127,853 57 



222 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . .85 
Number and amount of withdrawals, .... 2,271 

Number of accounts opened during the previous year, . . 372 
Number of accounts closed during tbe previous year, '. . 370 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, September 5. 



$44,833 90 
183,028 84 



2,223 68 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States currency bonds, 6s, . 


$30,000 


$36,300 00 


$30,000 00 


City and Town Bonds — 








Town of Johnson, Vt., 


$4,000 


$3,200 00 


$4,000 00 


of TTolcott, Vt., 




4,000 


3,200 00 


4,000 00 


of Hyde Park, Vt.. 




5,000 


4,000 00 


5,000 00 


of Swanton, Vt., . 




7,000 


5,600 00 


7,000 00 


City of Lowell, 




2,000 


2,200 00 


2,000 00 


of Chelsea, 




3,000 


3,270 00 


3,000 00 


of Cambridge, . 




5,000 


5,500 00 


5,000 00 


of Holvoke, 




5,000 


5,375 00 


5,000 00 


of Bath, Me., . 




10,000 


10,250 00 


10,000 00 


of Bangor, Me., 




35,000 


36,950 00 


35,000 00 


of Belfast, Me., 




30,000 


30,600 00 


30,000 00 


of Springfield, . 




10,000 


10,700 00 


10,000 00 


of New Bedford, 




10,000 


11,000 00 


10,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Nat'l City Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Nat'l Bank of Commerce, Boston, 
Nat'l B'k of Commonwealth, Boston 
Continental Nat'l Bank, Boston, 
Nat'l Eagle Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Nat'l Exchange Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Nat'l Hide and Leather B'k, Boston 
Howard Nat'l Bank, Boston, . 
Maverick Nat'l Bank, Boston, . 
New England Nat'l Bank, Boston, 
Nat'l Bunk North America, Boston, 
Nat'l Bank of Republic, Boston, 



$1,000 
6,000 
4,300 
1,700 

800 
8,000 
1,300 
2,400 
5,000 
4,200 
7,400 
3,300 

500 
1,000 
2,500 
1,500 
4,000 
1,000 
1,000 
2,300 



$1,330 00 


6,930 


00 


4,611 


75 


1,942 


25 


940 


00 


9,220 


00 


1,826 


50 


2,544 00 


5,350 


00 


4,242 


00 


7,972 


00 


3,564 00 


800 


00 


1,182 


50 


2,800 


00 


1,689 


37 


6,000 


00 


1,312 


50 


1,085 


00 


3,001 


50 



SI, 000 00 
6,000 09 
4,300 00 
1,700 00 

800 00 
8,000 00 
1,300 00 
2,400 00 
5,000 00 
4,200 00 
7.400 00 
3,300 00 

500 00 
1,000 00 
2,500 00 
1,500 00 
4,000 00 
1,000 00 
1,000 00 
2,300 00 



1878.J 



PUBLIC DOCUMENT — No. 8. 
Bank Stock — Concluded. 



223 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Nat'l Revere Bank, Boston, 
Shawmut Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, 
Third Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Nat'l Union Bank, Boston, 
Nat'l Webster Bank, Boston, 
First Nat'l Bank, Newburyport, 
Ocean Nat'l Bank, Newburyport, 
Mechanicks' Nat'l B'k, Newburyp't 



$5,000 
1,000 
1,200 
3,700 
3,300 
2,400 
5,600 

10,500 
1,000 
9,100 



,450 00 



00 
00 
12 

50 



1,180 

1,452 

4,117 

3,646 

3,264 00 

5,726 00 
13,650 00 

1,280 00 
11,943 75 



$5,000 00 

1,000 00 

1,200 

3,700 

3,300 

2,400 

5,600 
13,000 

1,000 



00 
00 
00 
00 
00 
00 
00 



9,100 00 



Railroad Bonds. 



Old Colony and Newport R.R. bonds, 
West Amesbury Branch R.R. bonds, 




$15,700 00 
10,500 00 



$15,000 00 
10,000 00 



224 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NEWTON SAVINGS BANK — NEWTON. 

Incorporated June 17, 1831. Number of corporators, 16. 

George Hyde, President. Treasurer, Edward J. Collins. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$664,099 12 

14,629 24 

2,000 00 


Public funds, .... 
Loans on public funds, . 
Bank stock, . . 
Railroad bonds, 
Real estate acquired by fore- 
closure, 

Loans on real estate, 
Loans on personal security, . 
Deposit in bank on interest, . 
- Expense account, 
Cash on hand, .... 


$102,921 56 

500 00 

28,245 00 

55,301 54 

53,500 00 

353,130 29 

69,480 00 

1,166 67 

182 m 

16,300 64 




$680,728 36 


$680,728 36 



Loan on Public Funds : 
On United States Bonds, par value, $500, ...... 

Cash on deposit in Banks : 

Newton National Bank, Newton, 

Eleventh Ward National Bank, Boston, 

Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend > 1\ per cent., 

for the previous year, ) 2\ per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6 ^ per cent. 
The total amount of loans with each specified rate of interest: 
$22,700, 6 per cent. ; $2,000, 6£ per cent. ; $298,6S0, 7 per cent. ; 
$5,000, 7 T 3 o per cent. ; $85,500, 7£ per cent. ; $61,300, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 101 

Aggregate amount of the same, 

Number of open accounts, . 2,598 

Number and am't of deposits received for the previous year, 2,560 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 134 

Number and amount of withdrawals, .... 1,683 ' 

Number of accounts opened during the previous year, . . 532 
Number of accounts closed during the previous year, . . 324 
Amount of the expenses of the corporation during the previous 



$500 00 



$15,880 46 
1,166 67 

$41,566 83 
15,810 84 
14,916 52 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 4. 



151,875 00 

201,890 86 

75,338 05 
151,739 02 



2,901 12 
20,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



225 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 6s, 

City and Town Bonds — 
City of Newton water bonds, 5 per 
cent., . . . 



$46,500 



$50,000 



$51,324 37 



$51,500 00 



$51,451 56 



$51,470 00 



Bank Stock. 



Brighton Nat'l Bank, Boston, . 
Commonwealth ISTat'l Bank, Boston, 
Cambridge ISTat'l Bank, Cambridge, 
Merchandise Nat'l Bank, Boston, 
JSTatick Nat'l Bank, Natick, 
Newton ISTat'l Bank, Newton, . 
Revere Nat'l Bank, Boston, 
Union Market ISTat'l Bank, Boston, 
Wachusett ISTat'l Bank, Fitchburg, 
Waltham Nat'l Bank, Waltham, 
Eleventh Ward Nat'l Bank, Boston, 



$720 
3,000 
1,000 
5,000 
2,500 
1,500 
4,000 
4,500 
2,500 
225 
3,300 



$729 00 


3,180 


00 


1,600 


00 


5,100^00 


2,500 


00 


1,650 


00 


4,340 


00 


3,600 


00 


2,625 


00 


225 


00 


3,300 00 



$720 
3,000 
1,000 
5,000 
2,500 
1,500 
4,000 
4,500 
2,500 
225 
3,300 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



Railroad Bonds. 



Boston and Albany Railroad bonds, . 
Mansfield & Framingham R.R. bonds, 




^45,600 00 
9,000 00 



K5,301 54 
8,950 00 



29 



226 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTHAMPTON INSTITUTION FOR SAVINGS — NORTHAMPTON. 
Incorporated 1842. Number of corporators, 15. • 
Hon. H. G. Knight, President. Treasurer, Lafayette Maltby. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,878,937 52 


Public funds, .... 


$257,383 75 


Earnings, undi- 




Loans on public funds, . 


4,600 00 


vided, 


30,326 71 


Bank stock, . . 


50,800 00 


Guarantee fund, 


7,500 00 


Loans on bank stock, 


26,893 70 






Railroad bonds, 


471,875 00 


' - 




Real estate, .... 


32,509 18 






Loans on real estate, 


730,621 69 






Loans on personal security, . 


193,881 80 






Loans to counties, cities, or 




4 


' 


towns, 


103,602 72 






Cash on hand, .... 


44,596 39 




$1,916,764 23 


$1,916,764 23 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $4,600, 



$4,700 00 



Loans on Bank Stock — amount on each : 
On 147 shares First National Bank, Northampton, 
On 54 shares First National Bank, Easthampton, 
On 130 shares Northampton National Bank, Northampton, 
On 15 shares Conway National Bank, Conway, 
On 3 shares Hampshire Co. National Bank, Northanrpton, 



Amount invested in real estate, .... 
Estimated value of real estate, . . . " . 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$11,830 00 

4,800 00 

8,463 70 

1,500 00 

300 00 

$27,009 17 

27,000 00 

5,500 00 

5,500 00 



Cash on deposit in Banks : 
Northampton National Bank, Northampton, 



$41,917 41 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend i 2^ per cent., 
for the previous year, \ 2\ per cent., 

Times for the dividends fixed by the by-laws : first Wednesday of 
April and October. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend, 7 per cent. 

The total amount of loans with each specified rate of interest: 
$103,000, 5 per cent. ; $103,602.72, 6 per cent. ; $709,394.47, 6£per 
cent. ; $20,000, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 413 



:{ 



$115,015 07 
45,886 63 
45,646 87 



1878.] 



PUBLIC DOCUMENT — No. 8. 



227 



Aggregate amount of the same, $491,603 65 

Number of open accounts, 4,979 

Number and am't of deposits received for the previous year, 2,584 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 230 
Number and amount of withdrawals, .... 3,276 
Number of accounts opened during the previous year, . . 574 
Number of accounts closed during the previous year, . . 663 
Amount of the expenses of the corporation during the previous 

year, . 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, July 23. 



251,950 39 

130,038 31 
348,828 00 



4,815 76 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

City Bonds — 
City of New Bedford, 

of Meriden, Conn, . 


$155,000 

$45,000 
46,000 


$168,315 00 

$49,500 00 
49,680 00 


$166,383 75 

$45,000 00 
46,000 00 



Bank Stock. 



Northampton Nat'lB'k,Northampt'n, 
First Nat'l Bank, Northampton, 
City Nat'l Bank, Worcester, . 
Atlantic Nat'l Bank, Boston, . 
Boston Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Washington Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 



$10,000 
1,600 
4,000 
1,000 
5,300 
2,000 
1,000 
3,000 
2,000 
2,700 
3,400 
2,600 
1,700 
2,000 
2,000 
2,000 



$11,000 00 


2,176 00 


5,000 00 


1,333 00 


5,636 00 


2,100 00 


1,550 00 


5,550 00 


2,680 00 


2,890 00 


4,760 00 


2,990 00 


1,836 00 


2,040 00 


2,640 00 


2,020 00 



$14,500 00 
1,600 00 
4,000 
1,000 
5,300 
2,000 
1,000 
3,000 
2,000 
2,700 
3,400 
2,600 
1,700 
2,000 
2,000 
2,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00. 
00 



Railkoad Bonds. 



Connecticut River Railroad bonds, . 


$100,000 


$100,000 00 


$100,000 00 


Boston and Albany R.R. bonds, 6s, . 


40,000 


42,400 00 


41,000 00 


" " " " 7s,. 


200,000 


231,000 00 


207,250 00 


Boston and Maine Railroad bonds, . 


70,000 


77,000 00 


71,275 00 


Boston and Lowell Railroad bonds, . 


50,000 


52,800 00 


52,350 00 



228 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH ADAMS SAVINGS BANK — NORTH ADAMS. 

Incorporated 1848. Number of corporators, 42. 
Calvin" T. Sampson, President. Treasurer, V. A. Whitakek. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Tax accrued, 
Guarantee fund? 


$751,911 80 

17,000 00 

2,400 00 

2,000 00 


Public funds, . . 

Loans on public funds, . 

Bank stock, .... 

Loans on bank stock, 

Real estate, .... 

Loans on real estate, 

Loans on personal security, . 

Loans to cities and towns, 

Deposits in bank on interest, . 

Interest account, 

Expense account, 

Suspense account, . 

Cash on hand, .... 


$44,414 31 

500 00 

44,947 19 

4,000 00 

25,500 00 

464,258 58 

130,993 63 

15,690 00 

15,000 00 

16,525 32 

343 82 

686 03 

10,452 92 




$773,311 80 


$773,311 80 



Cash on deposit in Banks : 
Adams National Bank, North Adams, 



$15,000 00 



Loans on Public Funds — ■ amount on each : 
On United States bonds, par value, $500, . 



Loans on Bank Stock — amount on each : 
On 25 shares Adams National Bank, North Adams, 
On North Adams Savings Bank books, value $1,300, 
On 5 shares Pittsfield National Bank, Pittsfield, 



Amount invested in real estate, . . . ... 

Estimated value of real estate, . . . . . . - . 

Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, . 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 2$ per cent., 
for the previous year, .... . > 2-J per cent., 

Times for the dividends fixed by the by-laws : April 1 and Octo- 
ber 1. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend : 6 per cent. 

The total amount of loans with each specified rate of interest: 
$62,400, 6 per cent. ; $24,100, 6£ per cent. ; $35,700, 6f per cent. ; 
$23,500, 7 per cent. ; $387,760.40, 7^ per cent..; $56,691.81, 8 per 
cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 212 



$500 00 



$2,500 00 

1,300 00 

200 00 

$6,000 00 

8,000 00 

19,500 00 

19,500 00 



,194 40 
18,005 44 
18,190 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



229 



Aggregate amount of the same, . $248,000 00 

Number of open accounts, 2,533 

Number and am't of deposits received for the previous year, 2,114 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . .' . 150 
Number and amount of withdrawals, . . . 1,887 

Number of accounts opened during the previous year, . . 468 
Number of accounts closed during the previous year, . . 375 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . / 20,000 00 

Date of examination by Commissioner, June 4. 



175,008 24 

82,930 57 
210,592 60 



4,200 00 



Public Funds. 



' 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5-20s, 

" " " 4 per cent., 


$21,300 
20,000 


$23,110 50 
20,500 00 


$23,430 00 
20,984 31 


Bank Stock. 



Adams Nat'l Bank, North Adams, 
Lee Nat'l Bank, Lee, 
Pittsfield Nat'l Bank, Pittsfield, 
First Nat'l Bank, Adams, 



$25,000 
1,400 
5,000 
6,000 



$31,250 00 
1,750 00 
6,737 72 
7,376 72 



$29,432 75 
1,400 00 
6,737 72 
7,376 72 



230 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH AVENUE SAYINGS BANK — CAMBRIDGE. 

Incorporated March 7, 1872. Number of corporators, 33. 

Samuel F. Woodbridge, President. Treasurer, Milton L. Walton. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$78,652 27 
293 98 
286 77 


Bank stock, 

Loans on real estate, 

Loans on personal security, . 

Deposits in bank on interest, . 

Furniture, safe, and fixtures, . 

■Cash on band, .... 


$6,570 00 

50,100 00 

17,740 00 

3,975 18 

500 00 

347 84 




$79,233 02 


$79,233 02 



Cash on deposit in Banks : 
Fourth National Bank, Boston, 



Whole a°mount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, > 2£ per cent., 

Times for the dividends fixed by the by-laws : January 10 and July 

10. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6 per cent. 
The total amount of loans with each specified rate of interest: 

$3,975.18,3 per cent.; $6,570, 5 per cent.; $5,000, 6 per cent.; 

$50,140, 7 per cent. ; $6,700, 7| per cent. ; $6,000, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 23 

Aggregate amount of the same, . . . 

Number of open accounts, 483 

Number and am't of deposits received for the previous year, . 499 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 9 
Number and amount of withdrawals, . . . . . 244 
Number of accounts opened during the previous year, . . 77 
Number of accounts closed during the previous year, . . 31 
Amount of the expenses of the corporation during the previous 



:{ 



$3,975 18 

$4,860 61 
1,711 81 
1,791 30 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, May 23. 



27,840 00 

16,435 54 

5,066 00, 
12,726 54 



439 05 
5,000 00 



Bank Stock. 








Par Value. 


Estimated 
Market Value. 


'Amount Invested. 


Nat'l Bank of Brighton, . 


$5,840 


$6,570 00 


$6,570 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



231 



NORTH BRIDGEWATEB SAYINGS BANK — BBOCKTON* 

Incorporated April 24, 1851. Number of corporators, 14. 

In liquidation. Receivers — Rufus P. Kingman, Ellis Ames. 

Statement. 



Liabilities. 



Deposits, . 



$540,109 74 



$540,109 74 



Assets. 



Public funds, . 

Bank stock, 

Railroad bonds, 

Loans on real estate, 

Loans on personal security, 

Profit and loss, . 

Cash on hand, . 



Value on Books. 



$12,232 50 

27,271 00 

4,920 00 

287,053 77 

128,258 89 

8,890 26 

71,483 32 



,109 74 



Cash on deposit in Banks : 
Home National Bank, Brockton, . . . . . . . $70,215 31 

Rate and amount of semi-annual dividend for the previous year, 

January, 2£ per cent., . . $13,258 07 

Times for the dividends fixed by the by-laws : January and July. 

Number of open accounts, 2,273 

Date of examination by Commissioner, March 23. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and Town Bonds — 
City of Belfast, Me., 

of Rockland, Me., . 
Town of Wiscasset, Me. , 



$5,000 
6,000 
1,000 



$5,100 00 
6,120 00 
1,012 50 



$5,100 00 
6,120 00 
1,012 50 



Bank Stock. 



First Nat'l Bank, Chelsea, 


$15,600 


$17,160 00 


$16,442 50 


Union Market Nat'l B'k, Watertown, 


1,000 


977 50 


1,042 50 


North Easton Nat'l Bank, Easton, . 


800 


1,066 50 


1,066 00 


Home Nat'l Bank, Brockton, . 


6,500 


4,130 00 


4,130 00 


Market Nat'l Bank, Boston, . 


1,000 


1,085 00 


1,140 00 



Railroad Bonds. 



Cheshire Railroad bonds, 



$5,000 



:,920 00 



$4,920 00 



* Temporarily enjoined by a decree of the Supreme Judicial Court, April 5, 1877. Perpetu- 
ally enjoined by a decree of the Supreme Judicial Court, November 13, 1877. 



232 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH BROOKFIELD SAVINGS BANK — NORTH BROOKFIELD. 

Incorporated 1854. Number of corporators, 28. 
Samuel S. Edmonds, President. Treasurer, Bonum Nye. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$285,290 25 
9,607 63 
1,443 37 


Public funds, 
Bank stock, 
Railroad bonds, 
Loans on real estate, 
Deposit in bank on interest, 
Expense account, 
Furniture, ..... 
Cask on band, . . ' t 




$48,500 00 

11,500 00 

84,000 00 

149,173 25 

1,984 75 

9 50 

185 35 

988 40 




$296,341 25 






$296,341 25 



Cash 4 on deposit in Banks : 
First National Bank, Worcester, 



$1,984 75 



Wbole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2h per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 

$16,300, 6 per cent. ; $800, 6£ per cent. ; . $132,073.25, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 23 

Aggregate amount of the same, 

Number of open accounts, 1,241 

Number and am't of deposits received for the previous year, . 799 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 26 
Number and amount of withdrawals, . . . . . 567 
Number of accounts opened during the previous year, . . 180 
Number of accounts closed during the previous year, . . 191 
Amount of the expenses of the corporation during the previous 



:{ 



$19,255 58 
6,894 6Q 
6,811 24 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 18. 



112,773 25 

49,550 02 

12,813 92 
64,318 21 



927 63 
14,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



233 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, . . . 


$9,500 


$10,497 50 


$9,500 00 


State bonds — Maine, . • / • 


$10,000 


$10,575 00 


$10,000 00 


City and Town Bonds — 
Town of Woburn, .... 
City of Boston, .... 
of Springfield, .... 


$12,000 
9,000 
8,000 


$12,720 00 
10,160 00 

8,880 00 


$12,000 00 
9,000 00 
8,000 00 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Ware Nat'l Bank, Ware, 



$10,000 

1,000 

500 



$11,025' 00 

1,090 00 

625 00 



$10,000 00 

1,000 00 

500 00 



Railroad Bonds. 



Boston and Albany Railroad bonds, 
Eastern Railroad bonds, . 
Boston and Providence R.R. bonds, 
Boston and Maine Railroad bonds, 




$34,900 00 

16,160 00 

9,200 00 

14,332 50 



$31,000 00 

32,000 00 

8,000 00 

13,000 00 



30 



234 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH E ASTON SAVINGS BANE — EASTON. 

Incorporated February 8, 1864. Number of corporators, 15. 

Fred L. Ames, President. Treasurer, Pardon A. Gieford. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$315,111 25 


Public funds, .... 


$20,560 00 


Earnings, undivided, 


1,904 37 


Bank stock, . . . 


127,604 02 


Guarantee fund, 


2,000 00 


Loans on bank stock, 


400 00 






Peal estate b\ r foreclosure, 


8,789 19 






Loans on real estafe, 


115,765 25 






Loans on personal security, . 


28,747 30 






Expense account, 


35 






Deposit in First Nat'l Bank, 








Easton, 


16,313 93 


• 




Cash on hand, .... 


835 58 




$319,015 62 


$319,015 62 



Loans on Bank Stock — amount on each : 
On 5 shares First National Bank, Easton, 

Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
First National Bank, Easton, .... 



$400 00 

$8,789 19 
12,000 00 



. $16,313 93 



Whole amount of interest or profits received or earned, . . . $16,288 44 
Bate and amount of each semi-annual dividend ) 2£ per cent., . r 7,258 71 

for the previous year, ) 2\ per cent., .( 7,506 81 

Times for the dividends fixed by the by-laws : April 15 and Octo- 
ber 15. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend, 6 T 2 ^- per cent. 
The total amount of loans with each specified rate of interest: 
$10,502.11, 6 per cent. ; $46,025, 7 per cent. ; $800, 7^ per cent. ; 
$37,928.75, 7£ per cent. ; $48,411.50, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 96 

Aggregate amount of the same, . 71,968 94 

Number of open accounts, 999 

Number and am't of deposits received for the previous year, . 571 64,152 79 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 35 21,473 67 

Number and amount of withdrawals, 483 51,687 23 

Number of accounts opened during the previous year, . . 127 
Number of accounts closed during the previous year, . . 104 
Amount of the expenses of the corporation during the previous 

year, ' 543 01 

Amount of treasurer's bonds, 10 000 00 

Date of examination by Commissioner, May 28. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



235 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Bath, Me., 
of Bangor, Me. 
of Springfield, 



$2,000 

8,000 

10,000 



$2,000 00 

8,000 00 

11,800 00 



$2,000 00 

6,960 00 

11,600 00 



Bank Stock. 



Neponset Nat'l Bank, Canton, 


$7,500 


$9,750 00 


$8,100 00 


Bristol County Nat'l Bank, Taunton, 


3,800 


6,460 00 


4,560 00 


First Nat'l Bank, Easton, 


10,000 


12,800 00 


10,690 00 


Taunton Nat'l Bank, Taunton, 


700 


1,050 00 


920 50 


City Nat'l Bank, Lynn, . 


10,000 


13,800 00 


14,512 50 


Redemption ISTat'l Bank, Boston, 


3,800 


4,919 50 


4,789 00 


Traders' Nat'l Bank, Boston, . 


3,600 


3,681 00 


3,632 75 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


3,000 00 


3,395 00 


Tremont Nat'l Bank,' Boston, . 


2,500 


2,762 50 


3,137 50 


State Nat'l Bank, Boston, 


2,500 


2,700 17 


2,693 75 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,600 00 


5,725 00 


City Nat'l Bank, Boston, 


2,500 


2,881 25 


2,765 63 


Market Nat'l Bank, Boston, 


2,500" 


2,662 50 


2,750 00 


Atlas Nat'l Bank, Boston, 


2,500 


2,887 50 


2,878 13 


Eagle Nat'l Bank, Boston, 


2,000 


2,230 00 


2,255 00 


New England Nat'l Bank, Boston, . 


2,500 


3,325 00 


3,450 00 


North Nat'l Bank, Boston, 


11,300 


13,249 25 


15,074 63 


Revere Nat'l Bank, Boston, 


7,600 


8,324 00 


9,686 50 


Everett Nat'l Bank, Boston, . 


7,800 


7,870 20 


10,135 00 


Shawmut Nat'l Bank, Boston, . 


5,000 


5,050 25 


6,500 00 


Atlantic Nat'l Bank, Boston, . 


2,500 


3,375 00 


3,750 00 


Hamilton Nat'l Bank, Boston, 


2,500 


2,962 50 


3,450 00 


Manufacturers' Nat'l Bank, Boston, 


2,500 


2,475 00 


2,753 13 



236 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH END SAYINGS BANK — BOSTON. 

Incorporated February ±7,»1870. Number of corporators, 33. 

Thomas L. Jexks, President. Treasurer, George C. Trt3ibuee. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$645,813 00 

20.722 43 

1,650 00 



8668,185 43 



Public funds, 

Bank stock, 

Loans on bank books, 

Railroad bonds. 

Real estate by foreclosure, 

Loans on reai estate, 

Loans on railroad stock, 

Expense account, 

Vault and furniture, 

Accrued interest. 

Cash on hand and in bank, 



371,994 24 

43,781 29 

1,175 00 

27,147 50 

27,624 15 

437,878 62 

670 93 

1,522 05 

2,744 40 

15,099 78 

38,547 47 



$668,185 43 



Loans on Railroad Stock — amount on each : 
On 2 shares Boston and Lowell Railroad, par value, $1,000, 

Amount of real estate held by foreclosure, 
Assessed value of real estate held by foreclosure, . 



$670 93 

£27,624 15 
28,750 00 



Cash, on deposit in Banks : 

Metropolitan National Bank, Boston, 

Security National Bank, Boston, 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2§ per cent., 

for the previous year, . . . . > 2£ per cent., . , 
Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans, with each specified rate of interest: 
$1,000, 6 per cent. ; $146,825, 7 per cent. ; $15,750, 7 T 3 ¥ per cent. ; 
$20,000, 71 per cent. ; $256,149.55, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 169 

Aggregate amount of the same, 

Number of open accounts, . . . . . . . 1,853 

Number and am't of deposits received for the previous year, 1,523 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 126 

Number and amount of withdrawals, .... 1,746 

Number of accounts opened during the previous year, . . 340 
Number of accounts closed during the previous year, . . 357 
Amount of the expenses of the corporation during the previous 



$17,000 00 
20,000 00 

$45,881 38 
15,630 44 
15,506 15 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, April 9. 



250,524 55 

142,131 05 

79,676 23 
183.571 85 



7,800 00 
52.000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



237 



- 




Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 1881, 


$6,000 


$6,645 00 


$6,750 00 


". " 5-20s, 1867, . 


21,000 


22,785 00 


23,467 50 


City and Town Bonds — 








City of Bath, Me., . 


$6,000 


$6,180 00 


$5,400 00 


of Belfast, Me., 




3,000 


3,090 00 


2,700 00 


of Chelsea, 




10,000 


10,800 00 


9,812 50 


of Worcester, . 




5,000 


5,450 00 


4,825 00 


Town of Wakefield, 




6,000 


6,120 00 


6,000 00 


City of Cambridge, . 




13,000 


14,070 00 


12,635 00 


Town of Hyde Park, Vt., 




200 


160 00 


200 00 


City of Dover, N.H., 




100 


100 00 


102 12 


of Rockland, Me., . 




100 


102 00 


102 12 


Bank Stock. 


City Nat'l Bank, Boston, 


$6,100 


$7,030 25 


$6,759 62 


Revere Nat'l Bank, Boston, 


2,500 


2,725 00 


3,112 37 


Shoe and Leather JSTat'lB'k, Boston, 


2,600 


3,081 00 


3,782 00 


Tremont Nat'l Bank, Boston, . 


1,600 


1,768 00 


2,100 25 


First JSTat'l Bank, Chelsea, ■ . 


5,000 


5,500 00 


5,767 42 


Atlas Nat'l Bank, Boston, 


5,000 


5,775 00 


5,787 50 


Eagle Nat'l Bank, Boston, 


7,100 


7,668 00 


8,012 75 


Traders' Nat'l Bank, Boston, . 


1,500 


1,537 50 


1,696 88 


North ISTat'l Bank, Boston, 


5,000 


5,862 50 


6,762 50 


Railroad Bonds. 


Eastern Railroad bonds, 6s, . 


$1,000 


$505 00 


$980 00 


Boston & Albany Railroad bonds, 7s, 


3,000 


3,346 50 


3,150 00 


Boston & Maine Railroad bonds, 7s, 


20,000 


22,000 00 


20,212 50 


Cheshire Railroad bonds, 6s, . 


3,000 


2,940 00 


2,805 00 



238 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ORANGE SAVINGS BANK — ORANGE. 

Incorporated March 30, 1871. Number of corporators, 15. 
A. J. Clark, President. Treasurer, J. H. Waite. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Other liabilities, 


$152,120 14 

35 07 

600 00 

310 03 


Public funds, .... 

Bank stock, .... 

Loans on bank stock, 

Real estate, .... 

Loans on real estate, 

Loans to counties, cities, or 

Loans on personal security, . 
Expense account, 
Deposit in banks, 


$2,775 00 

41,543 87 

200 00 

858 55 

77,093 00 

5,500 00 

24,085 83 

38 43 

970 56 




$153,065 24 


$153,065 24 



Loans on Bank Stock — amount on each: 
On 4 shares Orange National Bank, Orange, 



$200 00 



Amount invested in real estate, $858 55 

Estimated value of real estate, 1,000 00 

Cash on deposit on Banks : 

Orange National Bank, Orange, $970 56 



Whole amount of interest or profits received or earned, . 

Bate and amount of each semi-annual dividend ) 2| per cent., . j" 

for the previous year, ) 2-J per cent., • ( 

Times for the dividends fixed by the by-laws : February and August. 
The total amount of loans with each specified rate of interest: 

$5,500, 5£ per cent. ; $101,378.83, 6£ per cent-. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 144 

Aggregate amount of the same, . 

Number of open accounts, 734 

Number and am't of deposits received for the previous year, 416 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . ... 24 

Number and amount of withdrawals, 450 

Number of accounts opened during the previous year, . . 121 
Number of accounts closed during the previous year, . . 87 
Amount of the expenses of the corporation during the previous 



$8,749 96 
3,660 64 
3,641 47 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 10. 



101,178 00 

31,083 62 

12,191 54 

40,397 78 



450 00 
10,000 00 



1878.]' 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



239 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and Town Bonds — 
City of Lynn, ..... 
of Auburn, Me., 


$1,000 
1,600 


$1,100 00 
1,700 00 


$1,095 00 
1,680 00 



Bank Stock. 



Hide and Leather, Nat'l B'k, Boston, 


$500 


$565 00 


$596 25 


North America Nat'l Bank, Boston, 


1,100 


1,210 00 


1,309 00 


Manufacturers' Nat'l Bank, Boston, 


2,000 


2,000 00 


2,200 00 


Atlas Nat'l Bank, Boston, 


1,500 


1,740 00 


1,935 00 


Eleventh Ward JSTat'l Bank, Boston, 








(new), ...... 


1,400 


1,400 00 


2,000 00 


Everett Nat'l Bank, Boston, . 


400 


480 00 


529 00 


Tremont Nat'l Bank, Boston, . 


3,000 


3,360 00 


3,720 00 


North Nat'l Bank, Boston, 


1,000 


1,200 00 


1,392 50 


Central Nat'l Bank, Boston, . 


300 


300 00 


328 50 


Boylston Nat'l Bank, Boston, . 


500 


600 00 


758 50 


Webster Nat'l Bank, Boston, . 


2,500 


2,500 00 


2,820 75 


Eliof Nat'l Bank, Boston, 


6,500 


7,150 00 


8,093 75 


First Ward Nat'l Bank, Boston, 


2,000 


2,000 00 


2,060 00 


First Nat'l Bank, Chelsea, 


400 


400 00 


460 00 


Third Nat'l Bank, Springfield, 


1,000 


1,700 00 


1,750 00 


Union Market Nat'l B'k, Watertown, 


500 


375 00 


520 62 


Orange Nat'l Bank, Orange, . 


9,600 


10,360 00 


9,600 00 


First Nat'l Bank, Springfield, . 


1,000 


1,400 00 


1,470 00 



240 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PALMER SAVINGS BANK — PALMER. 

Incorporated 1870. Number of corporators, 21. 
Horace P. "Wakefield, President. Treasurer, William A. Lincoln. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 

• 


$342,146 71 

5,411 10 

850 00 


Bank stock, .... 

Loans on bank stock, 

Railroad bonds, 

Loans on railroad stock, . 

Loans on real estate, 

Loans on personal security, . 

Loans to counties, cities, or 

Deposits in banks on interest, 

Expense account, 

Cash, on band, .... 


$34,450 00 

29,175 00 

5,048 00 

9,640 00 

2,350 00 

229,050 97 

30,970 00 

3,700 00 

3,000 00 

375 30 

648 54 


* 


$348,407 81 


$348,407 81 



Loans on Bank Stock — amount on each : 
On 6 Savings Bank books, amounting to $3,925, 
On 5 shares Chapin Banking and Trust Co., Springfield, 
On 20 shares Monson National Bank, Monson, 
On 5 shares John Hancock National Bank, Springfield, 



$1,648 00 

500 00 

2,500 00 

400 00 



Cash on deposit in Banks : 
Redemption National Bank, Boston, 
Palmer National Bank, Palmer, 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2-£ per cent., 



for the previous year, ) 2f per cent., 



II 



•:{ 



$500 00 
2,500 00 

$25,866 08 
8,158 11 

7,772 74 



Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$3,200, 6 per cent. ; $267,918.97, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 224 

Aggregate amount of the same, 

Number of open accounts, 1,335 

Number and am't of deposits received for the previous year, 1,066 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 82 

Number and amount of withdrawals, 883 

Number of accounts opened during the previous year, . . 327 
Number of accounts closed during the previous year, . . 258 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 20. 



200,118 97 

100,999 00 

51,226 93 
100,219 63 



1,607 83 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



241 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

City and Town Bonds — 
City of Worcester, .... 

of Rockland, Me., . 

of Bath, Me., . ' . 
Town of Waltham, .... 
City of Providence, . . . 


$15,000 

$6,000 
2,500 
1,000 
5,000 
5,000 


$16,125 00 

$6,600 00 
2,625 00 
1,050 00 
5,075 00 
5,075 00 


$15,750 00 

$5,550 00 

2,250 00 

900 00 

5,000 00 

5,000 00 



Bank Stock. 






Parmer Nat'l Bank, Palmer, . 


$5,000 


$5,050 00 


$5,000 00 


Monson Nat'l Bank, Monson, . 


3,300 


4,125 00 


4,125 00 


Suffolk Nat'l Bank, Boston, . 


2,000 


2,440 00 


2,500 00 


State JSTat'l Bank, Boston, 


2,500 


2,725 00 


2,650 00 


North America Nat'l Bank, Boston, 


1,000 


1,100 00 


1,150 00 


Commerce Nat'l Bank, Boston, 


3,000 


3,150 00 


3,750 00 


Agawam ISTat'l Bank, Springfield, . 


2,500 


3,000 00 


3,750 00 


Eliot ISTat'l Bank, Boston, 


5,000 


5,500 00 


6,250 00 



.Railroad Bonds. 



Eastern Railroad bonds, . 




$5,050 00 



>,640 00 



31 



242 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PEOPLE'S SAYINGS BANK — WORCESTER. 

Incorporated May 13, 1864. Number of corporators, 161. 
"William Cross.. President. Treasurer, C. M. Bent. 

Statement. 



Liabilities. 


Assets. 


Yalue on Books. 


Deposits, . 


§3,881,295 06 


Public funds, .... 


$268,500 00 


Earnings, undi- 




Bank stock, .... 


818.200 00 


vided, 


' 46.600 99 


Loans on bank stock, 


27.850 00 


Rents, 


387 66 


Railroad bonds, 


214.500 00 


Guarantee fund, 


19,600 44 


Real estate, .... 


65,000 00 






i Real estate bv foreclosure, 


9,704 32 






Loans on real estate, 


1,962,665 77 






Loans on personal security, . 


196,812 00 






Loans to counties, cities, or 








towns, . 


4,000 00 






Deposit in banks on interest, . 


114,794 17 






Expense account, 


1,926 06 






Premiums, 


206.664 24 


4 




Profit and loss, .... 


55,417 48 






Suspense 


1,138 24 






Cash on band, .... 


3,711 87 




83,950,884 15 


§3,950,884 15 



Loans on Bank Stock — amount on each: 
On 85 shares City National Bank, "Worcester, . 
On 100 shares First National Bank, Worcester, 
On 159 shares Worcester National Bank, Worcester, 



Amount invested in real estate, 
Estimated value of real estate, . 
Real estate acquired by foreclosure, 
Estimated value of the same, 



$2,000 00 
10,000 00 
15,850 00 

$65,000 00 

75,000 00 

9,704 32 

10,000 00 



Cash on deposit in Banks: 
Central National Bank, Worcester, 



$114,794 17 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 24. per cent., 
for the previous year, ) 2| per cent., 

Times for the dividends fixed by the by-laws : February 15 and 
August 15. 

The total amount of loans with each specified rate of interest: 
$4,000, 5 per cent. ; $1,S37,117.77, 6 per cent. ; $349,910, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 492 

Aggregate amount of the same, . 

Number of open accounts, 10,363 

Number and am't of deposits received for the previous year, 7,310 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 520 

Number and amount of withdrawals, . ... . 7,639 



:{ 



52S6,325 40 
92,801 05 
91,521 59 



710,511 77 

618,270 85 

3S9,755 49 
732,275 44 



1878.] 



PUBLIC DOCUMENT — No. 8. 



243 



Number of accounts opened during the previous year, . 1,404 
Number of accounts closed during the previous year, . 1,414 

Amount of the expenses of the corporation during the previous 

year, . 

Amount of treasurer's bonds, 

Date of examination by Commissioner, April 23. 



$9,205 13 
30,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$142,500 


1168,493 75 


$142,500 00 


City and Town Bonds — 








City of Worcester, .... 


115,000 


$16,875 00 


$15,000 00 


of Charlestown, 






10,000 


11,300 00 


10,000 00 


of Springfield, . 






1,000 


1,027 50 


1,000 00 


of Burlington, Vt., 






16,000 


17,160 00 


16,000 00 


of Portland, Me., 






20,000 


21,350 00 


20,000 00 


of Hartford, Conn., 






6,000 


6,480 00 


6,000 00 


of Bangor, Me., 






18,000 


19,260 00 


18,000 00 


Town of Holyoke, . 






15,000 


16,650 00 


15,000 00 


City of Lynn , . 


25,000 


28,125 00 


25,000 00 



• Bank Stock. 



Shawmut Nat'l Bank, Boston, . 
Market Nat'l Bank, Boston, . 
Columbian Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
Redemption Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Union Nat'l Bank, Boston, 
Maverick Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Globe Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Mechanics' Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston, 
Republic Nat'l Bank, Boston, . 



$18,800 


$22,607 00 


$18, 


18,700 


20,009 00 


18, 


7,600 


10,678 00 


7, 


20,000 


23,050 00 


20, 


23,100 


23,619 75 


23, 


39,700 


51,709 25 


39, 


39,500 


41,870 00 


39, 


21,400 


23,219 00 


21, 


3,100 


4,216 00 


3, 


2,400 


3,480 00 


2, 


45,100 


60,321 25 


45, 


10,800 


14,175 00 


10, 


23,600 


27,789 00 


23, 


35,200 


38,896 00 


35, 


31,700 


35,028 50 


31, 


6,400 


8,592 00 


6, 


17,800 


19,402 00 


17, 


1,500 


1,950 00 


1, 


22,600 


26,724 50 


22, 


55,100" 


59,232 50 


55, 


6,300 


6,441 75 


6, 


3,200 


3,688 00 


3, 


25,500 


27.858 75 


25. 


8,700 


8,874 00 


8, 


7,900 


9,717 00 


7, 


, 41,600 


46,592 00 


41, 


18,300 


23,881 50 


18, 



800 00 
700 00 
600 00 
000 00 
100 00 
700 00 
500 00 
400 00 
100 00 
400 00 
100 00 
800 00 
600 00 
200 00 
700 00 
400 00 
800 00 
500 00. 
600 00 
100 00 
300 00 
200 00 
500 00 
700 00 
900 00 
600 00 
300 00 



244 



BANK COMMISSIONERS' REPORT. 

Bank Stock - — Concluded. 



[Jan. 



Par Value. 



Estimated 
Market Yalue. 



Amount Invested. 



Eliot Nat'l Bank, Boston, 
Faneuil Hall Xat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
First Xat'l Bank, Boston, 
Freeman's Xat'l Bank, Boston, 
Second Xat'l Bank, Boston, 
Third Xat'l Bank, Boston, 
State Xat'l Bank, Boston, 
Central Xat'l Bank, Worcester 
City Xat'l Bank, "Worcester, 
Citizens' Xat'l Bank, Worcester, 
Mechanics' Xat'l Bank, Worcester, 
Qninsigamond Xat'l B'k, Worcester, 
Worcester X at'l Bank, Worcester, . 



$43,200 

9,100 
20,500 

5,000 
16.500 

8,100 
11,000 
25,700 
15,400 
24,500 

4,400 
13,500 
13,300 
52,400 



$46,656 00 


12,125 


75 


24.292 


50 


9,262 


50 


17,861 25 


11,360 25 


12,223 


75 


27,948 


75 


21,560 00 


30,625 


00 


5,368 


00 


16,875 


00 


16,359 


00 


68,120 


00 



$43,200 00 

9,100 00 
20,500 00 

5,000 00 
16,500 00 

8,100 00 
11,000 00 
25,700 00 
15,400 00 
24,500 00 

4,400 00 
13,500 00 
13,300 00 
52,400 00 



Railroad Bonds. 



Eastern Railroad bonds, . 


$22,500 


$11,362 50 


$22,500 00 


Worcester and Xashna R.R. bonds, 


12,000 


12,000 00 


12,000 00 


Boston and Maine Railroad bonds, . 


50,000 


55,750 00 


50,000 00 


Boston and Albany Railroad bonds, . 


80,000 


85,600 00 


80,000 00 


Old Colony Railroad bonds, 


50,000 


55.500 00 


50,000 00 



1878.J 



PUBLIC DOCUMENT — No. 8. 



245 



PLYMOUTH FIVE CENTS SAYINGS BANK — PLYMOUTH. 

Incorporated April 6, 1855. Number of corporators, 66. 

William P. Drew, President. Treasurer, Dan'l J. Bobbins. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$529,913 79 


Public funds, .... 


$139,000 00 


Earnings, undivided, 


13,592 18 


Bank stock, .... 


27,500 00 


Guarantee fund, 


1,334 70 


Loans on bank stock, 


5,294 00 






Bailroad bonds, 


35,000 00 






Beal estate, .... 


2,900 00 






Beal estate by foreclosure, 


10,046 19 






Loans on real estate, 


288,111 80 






Loans on personal security, . 


31,175 00 






Expense account, 


890 44 






Cash on hand, .... 


4,923 24 




$544,840 67 


$544,840 67 



Loans on Bank Stock — amount on each: 
On 58 shares Plymouth National Bank, Plymouth, 
On 5 shares Old Colony Bank," Plymouth, 



$4,794 00 
500 00 



Amount invested in real estate, . . $2,900 00 

Estimated value of real estate, 8,000 00 

Amount of real estate held by foreclosure, 10,046 19 

Estimated value of real estate held by foreclosure, .... 9,500 00 



Cash on deposit in Banks : 
Commonwealth National Bank, Boston, 
Old Colony National Bank, Plymouth, 
Plymouth National Bank, Plymouth, 



51,234 13 
1,631 04 
1,800 00 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ") 2-£- per cent., 
for the previous year, j" 2£ per cent., 

Times for the dividends fixed by the by-laws : second Tuesday of 
January and July. 

The total amount of loans with each specified rate of interest: 
$36,725, 6 per cent. ; $74,975, 61 per cent. ; $119,771, 7 per cent. ; 
$30,492.80, 7 T 3 T per cent. ; $61,357, 7* per cent ; $1,260, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 340 

Aggregate amount of the same, 

Number of open accounts, 2,379 

Number and am't of deposits received for the previous year, 783 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 51 



:i 



$34,226 10 
12,946 71 
13,025 03 



187,750 80 
51,338 32 
29,376 01 



246 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals, $804 $75,426 79 

Number of accounts opened during the previous year, . . 150 
Number of accounts closed during the previous year, . . 217 
Amount of the expenses of the corporation during the previous 

year, 2,114 06 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, August 8. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5 per cent. 



^2 



State Bonds — 
State of Maine bonds, 

of New Hampshire bonds, 

City and Town Bonds — 
City of Lynn, . 

of Portland, Me., . 

of Bath, Me., . 

of Cambridge, . 
Town of Northampton, . 
City of New London, Conn., 

of Fall River, . 
Town of Plymouth, . 
City of New Bedford, 

of Somerville, . 

of Manchester, N.S., 
Town of Natick, 
City of Springfield, . 

of Bangor, Me., 

of Belfast, Me., 

of Lewiston, Me., 



$10,000 
10,000 



$14,000 
2,000 



$1,000 

11,000 

3,000 

9,000 

10,000 

12,000 

5,000 

13,000 

10,000 

5,000 

1,000 

1,000 

5,000 

13,000 

2,000 

2,000 



$10,650 00 


10,525 


00 


$15,400 00 


2,100 


00 


$1,050 00 


11,330 


00 


3,090 


00 


9,550 


00 


10,600 


00 


13,680 


00 


5,100 


00 


14,730 


00 


11,600 


00 


5,350 


00 


1,050 


00 


1,080 


00 


5,500 


00 


13,660 


00 


2,060 


00 


2,080 


00 



$10,000 00 
10,000 00 



$14,000 00 
2,000 00 



$1,000 00 

11,000 00 

3,000 00 

9,000 00 

10,000 00 

12,000 00 

5,000 00 

13,000 00 

10,000 00 

5,000 00 

1,000 00 

1,000 00 

5,000 00 

13,000 00 

2,000 00 

2,000 00 



Bank 


Stock. 






Commonwealth Nat'l Bank, Boston, 


$5,000 


$5,300 00 


$5,000 00 


Metropolitan Nat'l Bank, Boston, . 


2,500 


2,300 00 


2,500 00 


Atlas Nat'l Bank, Boston, 


2,500 


2,875 00 


2,500 00 


Webster Nat'l Bank, Boston, . 


2,500 


2,550 00 


2,500 00 


Old Colony Nat'l Bank, Plymouth, . 


2,500 


3,125 00 


2,500 00 


First Ward Nat'l Bank, Boston, 


2,400 


2,040 00 


2,400 00 


Revere Nat'l Bank, Boston, 


2,000 


2,180 00 


2,000 00 


Nat'l Bank of the Republic, Boston, . 


1,500 


1,950 00 


1,500 00 


Plymouth Nat'l Bank, Plymouth, . 


1,500 


1,650 00 


1,500 00 


Merchants' Nat'l Bank, Boston, 


1,000 


1,330 00 


1,000 00 


Citv Nat'l Bank, Boston, 


1,000 


1,150 00 


1,000 00 


Commerce Nat'l Bank, Boston, 


1,000 


1,060 00 


1,000 00 


Third Nat'l Bank, Springfield, 


1,000 


1,600 00 


1,000 00 


North Nat'l Bank, Boston, 


600 


708 00 


600 00 


Shoe and Leather Nat'l B'k, Boston, 


500 


590 00 


500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



247 



Railroad Bonds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Old Colony and Newport R.R. bonds, 


15,000 


$5,125 00 


$5,000 00 


Cheshire Railroad bonds, 


7,000 


6,870 00 


7,000 00 


Cape Cod Railroad l^onds, 


2,000 


2,120 00 


2,000 00 


Eastern Railroad bonds . 


20,000 


10,050 00 


20,000 00 


Boston and Maine Railroad bonds, . 


1,000 


1,100 00 


1,000 00 



PLYMOUTH SAVINGS BANK — PLYMOUTH. 

Incorporated 1828. Number of corporators, 50. 
Jacob H. Loud, President. Treasurer, John J. Russell. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$2,162,677 46 


Public funds, .... 


$396,721 25 


Earnings, undi- 




Loans on public funds, 


5,765 00 


vided, 


108,338 48 


Bank stock, .... 


453,275 00 


Suspense, . 


357 47. 


Loans on bank stock, 


12,725 00 


Guarantee fund, 


10,000 00 


Railroad bonds, 


130,355 00 






Real estate, .... 


7,000 00 






Real estate by foreclosure, 


22,766 60 






Loans on real estate, 


695,865 00 




• 


Loans on personal security, . 


254,802 32 






Loans on railroad stock, . 


16,325 00 






Loans to counties, cities, or 








towns, 


203,000 00 






Cash on hand, .... 


82,773 24 




$2,281,373 41 


$2,281,373 41 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $6,500, ..... 

Loans on Bank Stock — amount on each : 
On 41 shares Old Colony National Bank, Plymouth, 
On 12 shares Old Colony and Plymouth National Banks, Plymouth, 
On 95 shares Plymouth National Bank, Plymouth, .... 
On 10 shares Commonwealth National Bank, Boston, 



Amount invested in real estate, 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
Old Colony National Bank, Plymouth, . 
Plymouth National Bank, Plymouth, 
New England Trust Co., Boston, 



5,765 00 



$3,800 00 
1,200 00 
6,725 00 
1,000 00 

$7,000 00 

7,000 00 

22,766 60 

19,000 00 



$13,641 48 
13,093 09 
57,130 68 



248 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Whole amount of interest or profits received or earned, 
Rate and amount of each semi-annual dividend ) 2\ per cent., 

for the previous year, f 2^- per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$115,000, 5 per cent. ; $70,000, 5£ per cent. ; $349,090, 6 per cent. ; 

$31,140, 6i per cent.; $556,052.32, 7 per cent.; $6,300, 7 T 3 ^ per 

cent. ; $49,000, 7£ per cent. ; $11,900, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 260 

Aggregate amount of the same, 

Number of open accounts, 6,634 

Number and am't of deposits received for the previous year, 1,777 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 148 
Number and amount of withdrawals, .... 3,372 
Number of accounts opened during the previous year, . . 350 
Number of accounts closed during the previous year, . . 528 
Amount of the expenses of the corporation during the previous 

year, *about 

Amount of treasurer's bonds, 

Date of examination by Commissioner, August 8. 



$148,501 45 
< 54,293 87 
\ 54,241 95 



276,282 32 

154,258 99 

71,667 17 
307,482 06 



5,500 00 
20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 6s, 1881, 


$70,000 


$77,000 00 


$70,000 00 


State Bonds — 








State of Maine, .... 


$18,000 


$20,160 00 


$17,705 00 


of Rhode Island, 


12,000 


13,260 00 


12,000 00 


City and Town Bonds — 








City of Salem, .... 


$10,000 


$11,000 00 


$10,000 00 


of Cambridge, . 




7,000 


7,700 00 


7,000 00 


of Hartford, Conn., . 




5,000 


5,500 00 


4,662 50 


of Portland, Me., 




12,000 


12,900 00 


11,100 00 


of Meriden, Conn., . 




25,000 


28,000 00 


26,250 00 


of Newbury port, 




5,000 


5,425 00 


5,000 00 


of New London, Conn. , 




50,000 


56,000 00 


50,000 00 


of Holyoke, 




50,000 


54,250 00 


46,750 00 


of Fall River, . 




60,000 


62,400 00 


57,845 00 


of Lawrence, . 




30,000 


33,000 00 


28,425 00 


of New Bedford, 




10,000 


11,700 00 


10,000 00 


of Lvnn, . 




13,000 


14,300 00 


12,983 75 


of Bangor, Me., 




6,000 


6,120 00 


6,000 00 


Town of Plymouth, . 




11,000 


11,770 00 


11,000 00 


of Franklin, . 




10,000 


10,700 00 


10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Bank Stock. 



249 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



State Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Plymouth Nat'l Bank, Plymouth, 
Old Colony Nat'l Bank, Plymouth, 
Bristol Co. Nat'l Bank, Taunton, 
Hingham Nat'l Bank, Hingham,. 
Market Nat'l Bank, Boston, . 
Traders' Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Suffolk Nat'l .Bank, Boston, 
North Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Atlantic Nat'l Bank, Boston, . 
Eagle Nat'l Bank, Boston, 
Old Boston Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Exchange Nat'l Bank, Boston, 
Abington Nat'l Bank, Abington, 
Commerce Nat'l Bank, Boston, 
No. America Nat'l Bank, Bos'ton, 
Railroad Nat'l Bank, Lowell, 
Globe Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston, 
Union Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Commonwealth Nat'l Bank, Boston 
Third Nat'l Bank, Springfield, 
Manufacturers' Nat'l Bank, Boston 
First Ward Nat'l Bank, Boston, 
Home Nat'l Bank, Brockton, . 



$13 
22 
21 
26 
17 
4 
12 



27 

19 

4 



7 
10 

1 
14 
12 
11 

2 

2 

9 

10 

23 

5 

13 

11 

6 

4 

5 

16 

18 

10 

10 

10 

10 

10 



,000 
,500 
,800 
,200 
,100 
,200 
,800 
,000 
,400 
,200 
900 
,500 
,000 
,500 
,100 
,000 
,450 
,600 
,000 
,600 
,500 
,400 
,000 
,000 
,900 
,800 
,300 
,000 
,400 
,300 
,900 
,200 
,400 
,200 
,400 
,000 
,800 
,000 
,000 
.000 
,000 
,000 



$14 

29 

25 

32 

27 

4 

13 

8 

9 

7 

1 

10 

37 

21 

5 

8 

6 

11 

8 

16 

1 

15 

12 

12 

3 

3 

10 

15 

26 

6 

15 

11 

6 

5 

6 

17 

24 

10 

16 

9 

8 

10 



105 00 
725 00 
070 00 
750 00 
360 00 
200 00 
568 00 
320 00 
702 00 
564 00 
044 00 
285 00 
800 00 
450 00 
453 00 
640 00 
758 00 
610 00 
190 00 
960 00 
875 00 
192 00 
960 00 
265 00 
190 00 
024 00 
974 00 
600 00 
910 00 
254 00 
848 00 
424 00 
880 00 
712 00 
048 00 
440 00 
440 00 
700 00 
000 00 
950 00 
000 00 
400 00 



Railroad Bonds. 



Old Colony Railroad bonds, 
Cheshire Railroad bonds, 
Lowell Railroad bonds, . 
Boston and Maine Railroad bonds, . 
Boston and Albany Railroad bonds, 
Eastern Railroad bonds, . 



32 



$20,000 
16,000 
30,000 
10,000 
50,000 
10,500 



$20,500 00 


15,600 


00 


32,250 


00 


11,050 


00 


57,750 


00 


5,302 


50 



$13 

21 

21 

25 

17 

4 

10 

6 

8 

6 

9 
27 
19 

3 



7 

12 

1 

14 

12 

11 

2 

2 

8 

10 

23 

5 

13 

11 

5 

4 

5 

16 

18 

10 

10 

10 

10 

10 



,000 00 
,375 00 
,800 00 
,200 00 
,100 00 
,200 00 
,240 00 
,800 00 
,400 00 
,200 00 
900 00 
,292 50 
,000 00 
,500 00 
,690 00 
,000 00 
,450 00 
,600 00 
,000 00 
,190 00 
,500 00 
,400 00 
,000 00 
,000 00 
,900 00 
,800 00 
,950 00 
,000 00 
,400 00 
,300 00 
,567 50 
,200 00 
,920 00 
,200 00 
,400 00 
,000 00 
,800 00 
,000 00 
,000 00 
,000 00 
,000 00 
,000 00 



$21,075 00 
14,280 00 
30,000 00 
10,000 00 
50,000 00 
5,000 00 



250 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF BOSTON 

— BOSTON. 

Incorporated December 13, 1816. Number of corporators, 132. 

James S. Amoky, President. Treasurer, Charles J. Morrill. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$19,161,483 86 


Public funds, .... 


$1,800,000 00 


Earnings, undi- 




Loans on public funds, . 


486,000 00 


vided, 


24,623 50 


Bank stock, . . . 


1,105.000 00 


Suspense, . 


9,978 09 


Loans on bank stock,' 


24,500 00 






Railroad bonds, 


584,000 00 






Real estate, .... 


80,000 00 






Real estate bv foreclosure, 


21,555 46 






Loans on real estate, 


7,228.302 00 






Loans on personal security, . . 


5,666,060 83 


* 




Loans to counties, cities, or 








towns, .... 


831,800 00 






Loans to banks on interest, . 


1,016,544 71 






Loans on city bonds, 


321,000 00 






Expense account, 


14,224 26 






Taxes paid on real estate, 


1,986 16 






Cash on hand, .... 


15,112 03 




319,196,085 45 


§19,196,085 45 



Loans on Public Funds — amount on each : 

On United States bonds, par value, $411,000, 

On District of Columbia bonds,* $100,000, 

On Massachusetts bonds, 5 per cent, gold, $5,000, .... 
On bonds of city of Boston, par value, $217,000, and on bonds of 

city of Cambridge, par value, $104,000, 

Loans on Bank Stock — amount on each : 

On 100 shares Tremont National Bank, Boston, . . . 

On 125 shares Continental National Bank, Boston, . . . 

On 30 shares Merchants' National Bank, 10 shares Bank of Com- 
merce, New Bedford, 



$411,000 00 

70,000 00 

5,000 00 

321,000 00 



Amount invested in real estate, 
Assessed value of real estate, .... 
Amount of real estate acquired by foreclosure, 
Assessed value of real estate held by foreclosure, 

Cash on deposit in Banks : 
Merchants National Bank Boston, 
Atlas National Bank, Boston, . 
Commerce National Bank, Boston, 
Suffolk National Bank, Boston, 
Webster National Bank, Boston, 
Third National Bank, Boston, . 
First National Bank, Boston, 



$9,000 00 
11,500 00 

4,000 00 

$80,000 00 

180,700 00 

21,555 46 

22,900 00 

$374,794 30 
280,016 27 
50,134 53 
57,360 39 
23,256 48 
137,345 84 
93,636 90 



* The attention of the Treasurer has been called to the opinion of the Attorney-General relat- 
ing to investments in these bonds. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



251 



Whole amount of interest or profits received or earned, . 
Eate and amount of each semi-annual dividend ") 2-J per cent., 
for the previous year, . . . . . ) 2£ per cent, 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 6 per cent. 
The total amount of loans with each specified rate of interest: 
. $1,075,000, 4 per cent. ; $655,000, 4J- per cent. ; $4,602,950, 5 per 
cent. ; $1,152,000 5i per cent. ; $186,000, 5f per cent. ; $2,163,324, 
6 per cent. ; $190,000, 6i per cent. ; $4,380,842, 7 per cent. ; $115,- 
746.83, 7 t 3 q per cent. ; $50,000, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 25 

Aggregate amount of the same, . . . . 

Number of open accounts, 43,079 

Number and ain't of deposits received for the previous year, 33,137 
Number and amount of deposits of, and exceeding, three. hundred 
dollars at any one time for the previous year, . . 3,141 
Number and amount of withdrawals, .... 30,985 
Number of accounts opened during the previous year, . 7,644 
Number of accounts closed during the previous year, . 4,373 
Amount of the expenses of the corporation during the previous 



$959,440 00 
( 412,517 13 
( 439,457 49 



57,300 00 

4,818,303 72 

1,784,794 00 
2,832,244 29 



year, 



Amount of treasurer's bonds, . . . 

Date of examination by Commissioner, December 27. 



38,073 85 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5 per ct., 1881, 



H 



$800,000 
1,000,000 



$852,000 00 
1,052,500 00 



$800,000 00 
1,000,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Old Boston Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Massachusetts Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Market Nat'l Bank, Boston, . 
New England Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 



$21,500 
67,500 
35,000 
42,800 
66,800 
31,500 
45,000 
31,500 
33,700 
22,500 
22,500 
75,000 
52,000 
23,900 
36,000 



$28,595 00 
77,962 50 
43,400 00 
60,134 00 
68,136 00 
36,225 00 
48,600 00 
34,650 00 
39,766 00 
24,975 00 
24,750 00 
99,750 00 
55,120 00 
32,026 00 
42,120 00 



$21,500 00 
67,500 00 
35,000 00 
42,800 00 
66,800 00 
31,500 00 
45,000 00 
31,500 00 
33,700 00 
22,500 00 
22,500 00 
75,000 00 
52,000 00 
23,900 00 
36,000 00 



252 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Revere ISTat'l Bank, Boston, 


$40,000 


$43,600 00 


$40,000 00 


Second Nat'l Bank, Boston, 


64,000 


89,600 00 


64,000 00 


State Nat'l Bank, Boston, 


43,900 


47,412 00 


43,900 00 


Suffolk Nat'l Bank, Boston, . 


45,000 


54,450 00 


45,000 00 


Shoe and Leather Nat'lB'k, Boston, 


50,000 


59,000 00 


50,000 00 


Tremont Nat'l Bank, Boston, . 


90,000 


99,000 00 


90,000 00 


Union Nat'l Bank, Boston, 


31,200 


42,432 00 


31,200 00 


Webster Nat'l Bank, Boston, . 


100,000 


102,000 00 


100,000 00 


Washington Nat'l Bank, Boston, 


33,700 


44,147 00 


33,700 00 



Railroad Bonds. 



Old Colony and Newport R.R. bonds, 
Eastern Railroad certificates of in- 
debtedness, . 
Boston and Albany Railroad 6s, '95, 



$250,000 

265,000 
100,000 



$255,000 00 

132,500 00 
105,000 00 



$250,000 00 

234,000 00 

100,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



253 



PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWNS OF SALIS- 
BURY AND AMESBURY — SALISBURY. 

Incorporated 1828. Number of corporators, 16. 

Stephen Woodman, President. Treasurer, Alfred C. Webster. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,319,793 23 


Public funds, .... 


$571,500 00 


Earnings, undi- 




Loans on public funds, . 


1,000 00 


vided, 


43,366 68 


Bank stock, .... 


146,825 00 


Guarantee fund, 


6,626 94 


Railroad bonds, 


62,000 00 






Loans on railroad bonds, 


4,000 00 






Real estate, .... 


2,500 00 






Real estate by foreclosure, 


2,783 00 






Loans on real estate, 


271,750 00 






Loans on personal security, . 


179,800 00 






Loans to counties, cities, or 








towns, 


87,000 00 






Deposit in banks on interest, . 


38,215 38 






Expense account, 


1,250 47 






Cask on band, .... 


1,163 00 




$1,369,786 85 


$1,369,786 85 



Loans on Public Funds — amount on each : 
On 1 United States and 1 State of Maine bond, par value, $500 each, 



$1,000 00 



Amount invested in real estate, 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
Powow River National Bank, Salisbury, . 



$2,500 00 
5,000 00 
2,783 00 
3,000 00 



,215 38 



:■■{ 



$81,027 26 
32,434 17 
32,586 49 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 6 T 3 ¥ per cent. 
The total amount of loans with each specified rate of interest: 

$27,000, 5| per cent. ; $122,000, 6 per cent. ; $36,800, 6£ per cent. ; 

$294,350, 7 per cent. ; $11,000, 1^ per cent. ; $44,900, 7£ per 

cent. ; $7,500, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 318 

Aggregate amount of the same, 363,050 00 

Number of open accounts, 3,986 

Number and am't of deposits received for the previous year, 1,326 132,062 00 



254 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 107 
Number and amount of withdrawals, .... 2,302 

Number of accounts opened during the previous year, . . 315 
Number of accounts closed during the previous year, . . 336 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . 20,000 00 

Date of examination by Commissioner, September 9. 



$64,159 00 
180,338 18 



2,200 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 6s, 1881, reg'd, 


$25,000 


$27,500 00 


$25,000 00 


" " " 5-20s, '67, reg'd, 


60,000 


64,800 00 


60,000 00 


" * " " currency ,6s, '97, 


20,000 


24,000 00 


20,000 00 


State Bonds — 








State of New Hampshire 6s, 


$10,000 


$10,600 00 


$10,000 00 


of Rhode Island 6s, 


10,000 


11,000 00 


10,000 00 


of Maine 6s, . 


21,000 


23,000 00 


21,000 00 


City and Town Bonds — 








City of Springfield 6s, 


$10,000 


$11,000 00 


$10,000 00 


of Boston gold 5s, 




5,000 


5,150 00 


5,000 00 


of Lawrence 6s, 




5,000 


5,450 00 


5,000 00 


of Fall River 6s, 




20,000 


21,600 00 


20,000 00 


of Somerville 6^-s, 




40,000 


43,200 00 


40,000 00 


of Chelsea 6s, . 




65,000 


70,300 00 


65,000 00 


of Cambridge 6s, 




25,000 


27,250 00 


25,000 00 


of Charlestown 6s, . 




30,000 


32,700 00 


30,000 00 


of Portsmouth, N.H., 6s, 




5,000 


5,250 00 


5,000 00 


of Manchester, N.H., 6s, 




15,000 


16,350 00 


15,000 00 


of Augusta, Me., 6s, 




10,000 


10,450 00 


10,000 00 


of Lewiston, Me., 6s, 




10,000 


10,350 00 


10,000 00 


of Bangor, Me., 6s, . 




45,000 


48,150 00 


45,000 00 


of Portland, Me., 6s, 




40,000 


41,200 00 


40,000 00 


of Belfast, Me., 6s, . 




15,000 


15,450 00 


15,000 00 


of Rockland, Me., 6s, 




20,000 


20,700'00 


20,000 00 


of Bath, Me., 6s, 




20,000 


20,700 00 


20,000 00 


of Dover, N.H., 6s, . 




5,000 


5,250 00 


5,000 00 


Town of Hyde Park 6s, . 




10,000 


10,800 00 


10,000 00 


of Holyoke 6s, 




5,000 


5,250 00 


5,000 00 


of Amesbury 5s, 




10,500 


10,500 00 


10,500 00 


of Wiscasset, Me., 6s, . 


15,000 


15,450 00 


15,000 00 


Bank Stock. 


Union Nat'l Bank, Boston, 


$2,500 


$3,400 00 


$2,500 00 


Blackstone Nat'l Bank, Boston, 


8,000 


8,480 00 


8,000 00 


Faneuil Hall Nat'l Bank, Boston, . 


2,600 


3,458 00 


2,600 00 


Old Boston Nat'l Bank, Boston, 


2,150 


2,666 00 


2,150 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



255 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Commerce Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Eagle Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Redemption Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
First Ward Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, . 
New England Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Traders' Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
Webster Nat'l Bank, Boston, . 
Maverick Nat'l Bank, Boston, . 
Eliot Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Powow River Nat'l B'k, Salisbury, 
Railroad Nat'l Bank, Lowell, . 
Bay State Nat'l Bank, Lawrence, 
Georgetown Nat'l B'k, Georgetown, 



$4,000 
3,500 
5,700 
3,500 
4,000 
7,500 
5,000 
2,500 
7,500 
5,000 

10,000 
3,500 
5,000 
4,900 
3,500 
1,800 
4,900 
5,000 
2,200 
1,500 
3,000 
1,800 
1,000 
2,500 
4,000 
2,000 
4,200 
1,500 
3,500 
5,000 
4,200 
3,375 
5,000 



$4,240 


00 


4,655 


00 


6,840 00 


3,780 00 


4,480 00 


8,325 


00 


6,500 


00 


2,750 


00 


8,625 


00 


8,250 


00 


10,850 


00 


4,900 


00 


5,250 


00 


5,292 


00 


3,780 


00 


2,520 


00 


5,782 


00 


4,000 


00 


2,926 


00 


2,010 


00 


3,900 


00 


1,836 


00 


1,150 


00 


2,950 


00 


4,080 


00 


3,000 


00 


4,536 


00 


2,775 


00 


4,165 


00 


7,500 


00 


4,800 


00 


4,500 


00 


5,000 


00 



$4,000 00 

3,500 00 

5,700 

3,500 

4,000 

7,500 

5,000 

2,500 

7,500 

5,000 
10,000 00 

3,500 00 

5,000 

4,900 

3,500 

1,800 

4,900 

5,000 

2,200 

1,500 

3,000 

1,800 

1,000 

2,500 

4,000 

2,000 

4,200 

1,500 

3,500 

5,000 

4,200 

3,375 

5,000 



00 
00 
00 
00 
00 
00 
00 
00 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



Railroad Bonds. 



Eastern Railroad bonds, 3|s, . 
Boston and Albany R.R. bonds, 7s, . 
Boston and Maine R.R. bonds, 7s, . 
West Amesbury Br'h R.R. bonds, 7s, 



$42,000 

10,000 

5,000 

5,000 



$21,000 00 

11,500 00 

5,500 00 

5,500 00 



$42,000 00 

10,000 00 

5,000 00 

5,000 00 



256 



BANK COMMISSIONERS' REPORT. 



[Jan. 



QUINCY SAVINGS BANK — QUINCY. 

Incorporated March, 1845. Number of corporators; 45. 
Edwabd Turner, President. Treasurer, George L. Gill. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,298,784 22 


Public funds, .... 


$162,062 50 


Earnings, undi- 




Loans on public funds, . 


3,000 00 


vided, 


14,499 63 


Bank stock, .... 


94,767 74 


Guarantee fund, 


5,000 00 


Loans on bank stock, 


2,900 00 






SReal estate bv foreclosure, 


49,100 00 






Loans on real estate, 


772,708 84 






Loans on personal security, . 


104,091 53 






Deposit in bank on interest, . 


81,142 02 






Expense account, 


216 92 






Taxes, &c, .... 


8,060 36 






Interest accrued, 


37,542 60 






Cash on band, .... 


2,691 34 


» 


$1,318,283 85 


$1,318,283 85 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $3,000, 



$3,000 00 



Loans on Bank Stock — amount on each : 
On 37 sbares Mount Wollaston National Bank, Quincy, 



!,900 00 



Cash on deposit in Banks : 
National Granite Bank, Quincy, 
National Manufacturers' Bank, Boston, 



,423 27 
56,718 75 



Whole amount of interest or profits received or earned, . 
Bate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, j 2-J per cent. , 

Times for the dividends fixed by the by-laws : first Tuesday of April 

and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 7i per cent. 
The total amount of loans with each specified rate of interest: 

$136,200, 6 per cent. ; $26,000, 6-fr per cent. ; $431,059.37, 7 per cent. ; 

$98,350, 7 T 3 Q per cent. ; $108,991, 7k per cent. ; $82,100, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 278 

Aggregate amount of the same, 

Number of open accounts, - 3,575 

Number and am't of deposits received for the previous year, 2,057 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 141 
Number and amount of withdrawals, . . . . 2,386 
Number of accounts opened during the previous year, . . 399 



$79,030 35 
31,055 43 
31,384 21 



358,695 03 

170,846 57 

. 73,798 69 
222,173 38 



1878.] 



PUBLIC DOCUMENT — No. 8. 



257 



Number of accounts closed during the previous year, . . 350 
Amount of the expenses of the corporation during the previous 

year, $3,025 00 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, May 23. 

Public Funds. 



Estimated 
Par Value. Amount Invested. 

I Market Value. 



United States bonds, 

City Bonds — 
City of Lawrence bonds, . 



$140,000 



$5,000 



$154,000 00 ; $157,062 50 



$5,400 00 



$5,000 00 



Bank Stock. 



Washington Xat'l Bank, Boston, 


8800 


$1,096 00 


8844 00 


Hide and Leather Xat'l B'k, Boston, 


1,500 


1,680 00 


1,500 00 


Eliot Xat'l Bank, Boston, 


1,700 


1,826 00 


1,706 20 


Exchange Xat'l Bank, Boston, 


2,000 


3,300 00 


2,475 33 


"Webster Xat'l Bank, Boston, . 


2,000 


2,040 00 


2,000 00 


Boston Xat'l Bank, Boston, 


3,300 


3,762 00 


3,338 08 


Atlas Xat'l Bank, Boston, 


3,700 


4,235 00 


3,806 25 


Merchants' Xat'l Bank, Boston, 


2,500 


3,325 00 


2,657 50 


State Xat'l Bank, Boston, . . . 


2,600 


2,808 00 


2,800 00 


Xorth Xat'l Bank, Boston, 


3.000 


3,521 00 


3,450 00 


Traders' Xat'l Bank, Boston, . 


3,500 


3,570 00 


3,555 00 


Xorth America Xat'l Bank, Boston, 


6,700 


7,102 00 


6,925 00 


Republic Xat'l Bank, Boston, . 


7,500 


9,750 00 


9,600 00 


Granite Xat'l Bank, Quincy, . 


10,000 


13,000 00 


10,605 38 


Mt. Wollaston Xat'l Bank, Quincv, 


10,000 


15,000 00 


10,600 00 


Manufacturers' Xat'l Bank, Boston, 


25,500 


28,050 00 


26,205 00 


Revere Xat'l Bank, Boston, 


2,500 


2,725 00 


2,700 00 



33 



258 



BANK COMMISSIONERS' REPORT. 



[Jan. 



RANDOLPH SAVINGS BANK — RANDOLPH. 

Incorporated April, 1851. Number of corporators, 66. 

J. White Belcher, President. Treasurer, Seth Turner. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$835,310 41 


Public funds, .... 


$101,000 00 


Earnings, undivided, 


9,013 71 


Loans on public funds, . 


400 00 


Guarantee fund, 


4,214 64 


Bank stock, . . . . 


267,158 61 






Loans on bank stock, 


4,000 00 






Railroad bonds, 


110,000 00 






Real estate, .... 


138 55 






Loans on real estate, 


272,400 00 






Loans on personal security, . 


45,644 45 






Loans on railroad stock, . 


500 00 






Loans to counties, cities, or 






^ 


towns, 


34,000 00 






Deposit in banks on interest, . 


2,128 27 






Expense account, 


54 00 






Premium, 


10,131 16 






Casb on band, .... 


983 72 




$848,538 76 


$848,538 76 



Loans on Public Funds — amount on eacb 
On United States bonds, par value, $600, . 



$400 00 



Loans on Bank Stock — amount on eacb : 
On 40 shares New England National Bank, Boston, and 14 shares 
Boston National Bank, Boston, $4,000 00 



Loans on Railroad Stock — amount on each : 
On 5 shares Old Colony and Newport Railroad, 

Cash on deposit in Banks : 
Randolph National Bank, Randolph, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2% per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6^- per cent. 
The total amount of loans with each specified rate of interest: 
5,300, 6 per cent. ; $23,000, 6£ per cent. ; $111,800, 7 per cent. ; 



:{ 



$77,050, 7i per cent. ; $7,000, 7 T 3 ¥ per cent. ; $6,000 7f per cent. ; 
$59,800, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each 102 

Aggregate amount of the same, 

Number of open accounts, 2,192 

Number and ain't of deposits received for the previous year, 1,221 



$500 00 



2,128 27 



£53,244 45 
20,281 71 
20,472 79 



124,000 00 
136,420 46 



1878.] 



PUBLIC DOCUMENT — No. 8. 



259 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 101 
Number and amount of withdrawals, .... 1,182 

Number of accounts opened during the previous year, . . 214 
Number of accounts closed during the previous year, . . 246 
Amount of the expenses of the corporation during the previous 

year, ' 

Amount of treasurer's bonds, 15,000 00 

Date of examination by Commissioner, June 2. 



$65,287 34 
163,482 32 



1,600 00 



Public Funds. 



: -» 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5s, . 


$46,000 


$49,505 00 


$46,000 00 


" " " 6s, . 


39,000 


42,217 50 


39,000 00 


<< U u Alo 


5,000 


5,250 00 


5,000 00 


" " " 4s, . 


5,000 


5,125 00 


. 5,000 00 


State Bonds — 








State of New Hampshire bonds, 


$1,000 


$1,030 00 


$1,000 00 


of Maine bonds, 


5,000 


5,181 00 


5,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Blue Hill Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, . 
Commonwealth Nat'l Bank, Boston 
Continental Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Exchange Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston, . 
Merchandise Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Market Nat'l Bank, Boston, . 
Metropolitan Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, . 



$9,700 
5,000 

13,000 
5,000 
2,500 
2,700 
5,000 
6,300 
5,000 
8,900 
5,000 
2,000 

10,300 
2,700 
2,500 
5,000 
5,000 
4,600 
5,000 
4,000 
7,500 
1,300 

15,000 
5,000 
7,000 
5,000 

15,000 
5,000 



$12,901 00 


$12, 


5,775 00 


5, 


13,942 50 


15, 


5,712 50 


5, 


2,550 00 


3, 


2,622 50 


2, 


5,762 50 


5, 


6,751 00 


6, 


5,100 00 


5, 


9,434 00 


10, 


5,400 00 


5, 


2,160 00 


2, 


11,227 00 


11, 


4,455 00 


4, 


2,706 25 


3, 


5,912 50 


6, 


5,600 00 


5, 


5,169 25 


4, 


5,056 25 


5, 


3,960 00- 


4, 


7,987 50 


8, 


1,202 50 


1, 


20,081 25 


19, 


6,712 50 


6, 


8,242 50 


8, 


5,406 25 


5, 


19,537 50 


19, 


5,450 00 


6, 



1,562 50 
1,835 37 
i,300 00 
i,967 50 
,,018 75 
,,700 00 
,,365 00 
1,569 75 
.,000 00 
.,360 12 
1,336 87 
,,000 00 
,604 75 
.,064 00 
!,346 00 
1,762 50 
1,269 88 
l,993 75 
,,000 00 
.,403 12 
,,025 00 
,302 15 
1,962 62 
.,519 38 
,,034 13 
i,337 50 
.,888 00 
.,000 00 



260 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Shawmut Nat'l Bank, Boston, . 


$3,000 


$3,540 00 


$3,245 25 


Shoe and Leather Nat'l B'k, Boston, 


10,500 


12,442 50 


13,795 60 


State ISTat'l Bank, Boston, 


4,600 


5,002 50 


4,876 00 


Third Nat'l Bank, Boston, 




2,500 


2,784 37 


3,331 25 


Tremont Nat'l Bank, Boston, 




5,000 


5,525 00 


5,000 00 


Traders' Nat'l Bank, Boston, 




2,500 


2,568 75 


2,500 00 


Union JSTat'l Bank, Boston, 




2,500 


3,400 00 


3,681 25 


Webster Nat'l Bank, Boston, 




1,000 


1,022 50 


1,000 00 


Home ISTat'l Bank, Brockton, 




5,000 


5,150 00 


5,000 00 


Central Nat'l Bank, Lynn, 




9,700 


13,095 00 


13,822 50 


City ISTat'l Bank, Lynn, . 




5,000 


6,750 00 


6,578 12 


Union ISTat'l Bank, Weymouth, 


1,300 


1,404 00 


1,300 00 


Taunton Nat'l Bank, Taunton, 


2,500 


3,375 00 

i 


2,500 00 



Railroad Bonds. 



Boston and Maine RailrOad bonds, . 
Old Colony and Newport R.R. bonds, 
Eastern Railroad bonds, . 
South Shore Railroad bonds, . 




$10,000 00 

60,000 00 

37,500 00 

2,500 00 



1878.J 



PUBLIC DOCUMENT — No. 8. 



261 



READING SAYINGS BANK — READING. 

Incorporated July 14, 1869. Number of corporators, 23. 
Erancis 0. Dewey, President. Treasurer, Nathan P. Pratt. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$178,258 71 

7,177 29 

697 40 


Public funds, .... 

Bank stock, .... 

Loans on real estate, 

Loans on personal security, . 

Expense account, 

Accrued interest, 

Cash on baud, .... 


$1,000 00 

13,800 00 

130,077 00 

31,010 00 

1,114 10 

8,404 99 

727 31 




$186,133 40 


$186,133 40 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ") 2-J per cent., . ( 
for the previous year, . . . . . j 2\ per cent., . \ 
Times for the dividends fixed by the by-laws : May and November. 
The total amount of loans with each specified rate of interest: 
$115,342, 7JL per cent. ; $4,750, 7£ per cent. ; $40,995, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 196 

Aggregate amount of the same, . . . ... 

Number of open accounts, 771 

Number and am't of deposits received for the previous year, . 511 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .22 

Number and amount of withdrawals, 659 

Number of accounts opened during the previous year, . . 87 
Number of accounts closed during the previous year, . . 105 
Amount of the expenses of the corporation during the previous 

year, , 

Amount of treasurer's bonds, 

Date of examination by the Commissioner, March 30. 



$13,181 39 
4,493 64 
4,342 60 



134,587 00 

32,572 18 

10,425 86 
45,979 91 



1,114 10 
10,000 



Bank Stock. 



Par Value. 



State Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston, 
Continental Nat'l Bank, Boston, 
Chelsea Nat'l Bank, Chelsea, . 
Commonwealth Nat'l Bank, Boston, 



,1400 
4,000 
2,500 
5,000 
1,900 



Estimated 
Market Value. 



$452 
4,480 
2,600 
5,500 
2,052 



00 
00 
00 
00 
00 



Amount Invested. 



$400 00 
4,000 00 
2,500 00 
5,000 00 
1,900 00 



262 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ROCKLAND SAVINGS BANK — ROCKLAND. 

Incorporated March 30, 1868. Number of corporators, 44. 

Richmoio) J. Lane, President. Treasurer, E. R. Studley. 

Statement. 



Liabilities. 



Assets. 



"Value on Books. 



Deposits, . . 
Earnings, undivided, 
Guarantee fund, 



$364,670 61 
2,109 89 
1,000 00 



$367,780 50 



Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Unsettled insurance, 
Deposit in banks on interest 
Expense account, 
Cash on hand, . 



$5,000 00 

225 00 

86,556 72 

2,750 00 

7,000 00 

228,278 62 

26,485 12 

6,500 00 
53 50 

3,887 23 
535 36 
508 95 

$367,780 50 



Loans on Public Funds — amount on each : 
On city of Worcester bonds, par value, $500, 



$250 00 



Loans on Bank Stock — amount on each : 
On 21 shares Granite National Bank, Quincy, . 
On 6 shares Abington National Bank, Abington, 



$2,200 00 
550 00 



Amount of real estate held by foreclosure, 
Estimated value of, real estate, . 



$7,000 00 
7,000 00 



Cash on deposit in Banks : 
Abington National Bank, Abington, 



$3,887 23 



"Whole amount of interest or profits received or earned, . . . $24,162 11 
Rate and amount of each semi-annual dividend ) 2-J per cent., . ( 8,449 48 
for the previous year, . . . . • ) 2| per cent., . \ 8,686 03 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 71 per cent. 
The total amount of loans with each specified rate of interest: 
$22,700, 6 per cent. ; $228,978, 7 per cent. ; $6,500, 7£ per cent. ; 
$6,060, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 268 

Aggregate amount of the same, 165,488 00 

Number of open accounts, ...... 1,492 

Number and ain't of deposits received for the previous year, . 718 78,209 90 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 52 26,118J30 



1878.] 



PUBLIC DOCUMENT — No. 8. 



263 



Number and amount of withdrawals, 703 

Number of accounts opened during the previous year, . . 384 
Number of accounts closed during the previous year, . . 166 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . . 

Date of examination by Commissioner, June 15. 



$60,299 55 



$850 00 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Portland 6 per cent. , 



$5,000 



1,125 00 



$5,000 00 



Bank Stock. 



Hide and Leather Nat'l B'k, Boston, 


$4,500 


$5,017 50 


$4,002 50 


State Nat'l Bank, Boston, 


8,500 


9,222 50 


9,369 25 


Eliot Nat'l Bank, Boston, 


1,000 


1,095 00 


1,112 75 


Market Nat'l Bank, Boston, . 


4,800 


5,112 00 


5,577 25 


Continental Nat'l Bank, Boston, 


6,700 


6,834 00 


7,675 00 


Revere Nat'l Bank, Boston, 


9,800 


10,682 00 


11,644 25 


Webster Nat'l Bank, Boston, . 


7,600 


7,761 50 


8,290 60 


Howard Nat'l Bank, Boston, . 


6,700 


7,520 25 


7,428 50 


Atlantic Nat'l Bank, Boston, . 


4,000 


5,320 00 


5,400 25 


Traders' Nat'l Bank, Boston, . 


6,600 


6,781 50 


7,074 00 


Freeman's Nat'l Bank, Boston, 


2,500 


2,706 25 


3,125 00 


Manufacturers' Nat'l Bank, Boston, 


3,500 


3,412 50 


3,640 00 


Everett Nat'l Bank, Boston, . 


1,500 


1,635 00 


1,831 87 


Merchandise Nat'l Bank, Boston, . 


7,000 


7,078 75 


7,155 00 


Metropolitan Nat'l Bank, Boston, . 


2,500 


2,321 87 


2,400 00 



264 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EOCKPOET SAVINGS BANK — EOCKPOET. 

Incorporated 1853. Number of corporators, 83. 
Joshua Tare, President. Treasurer, Joseph Ma>~ntxg. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . . . $224,951 12 


Public funds, .... 


85,306 25 


Earnings, undivided, 


13,060 18 


Bank stock 


43,357 45 


Guarantee fund, 


1,100 00 


Loans on bank stock, 


1,100 00 


Dividend No. 50, 


5,089 01 


Eeal estate by foreclosure, 
Insurance and tax on real 


35,304 14 






estate, 


2,963 37 






Loans on real estate, 


149,582 71 






Loans on personal security, . 


3,130 00 






Deposit in banks, 


1,960 97 






; Cash on band, .... 


1,795 42 




■?2M,500 31 


8244,500 31 



Loans on Bank Stock — amount on each: 

On 7 shares Eockport National Bank, Eockport $700 00 

On 4 shares Gloucester National Bank, Gloucester, . . . 400 00 

Amount of real estate held by foreclosure, $35,304 14 

Estimated value of real estate held by foreclosure, .... 34,762 65 

Cash, on deposit in Banks : 
Eockport National Bank, Eockport, $1,960 97 

Whole amount of interest or profits received or earned, . . . 823,422 84 
Bate and amount of semi-annual dividend for the previous year : 2 

per cent, in October 5,089 01 

Times for the dividends fixed by the by-laws: first Saturday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of. and including, the last extra dividend : 6 4 - per cent. 

7 O. g J. 

The total amount of loans with each specified rate of interest: 

8153,812.71, 7 T 3 -g- per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 172 

Aggregate amount of the same, 117,261 50 

Number of open accounts, 1,053 

Number and am't of deposits received for the previous year, . 78 5.529 00 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 6 2,519 00 
Number and amount of withdrawals, .... 2,225 131, 15S 39 

Number of accounts opened during the previous year, . . 32 
Number of accounts closed during the previous year, . . 362 
Amount of the expenses of the corporation during the previous 

year, 1,375 00 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 21. 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



265 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4£ per cent., . 


15,000 


$5,250 00 


$5,306 25 


Bank Stock. 



Salem Nat'l Bank, Salem, 
Traders' Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Manufacturers' Nat'l Bank, Boston 
Webster Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 
North America Nat'l Bank, Boston 
City Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
Commonwealth Nat'l Bank, Boston 
Gloucester Nat'l Bank, Gloucester, 
Grand Nat'l Bank, Marblehead, 
First Nat'l Bank, Danvers, 
Rockport Nat'l Bank, Rockport, 



$2,600 
2,000 
4,500 
1,000 
3,500 
1,900 
1,000 
2,100 
4,900 
4,700 
3,000 
900 
600 
1,000 
6,500 



$2,990 
2,055 
5,040 

997 
3,578 
2,052 
1,085 
2,420 
5,328 
4,564 
3,210 
1,350 

660 
1,000 
7,475 



00 
00 
00 
50 
35 
00 
00 
25 
75 
87 
00 
00 
00 
00 
00 



£3,014 
2,135 
4,938 
1,042 
3,742 
2,051 
1,000 
2,350 
5,332 
4,770 
3,433 
940 
699 
1,000 



00 
50 
25 
50 
25 
90 
00 
25 
75 
50 
75 
00 
25 
00 



6,906 55 



34 



266 



BANK COMMISSIONED' KEPORT. 



[Jan. 



SALEM FIVE CENTS SAVINGS BANK — SALEM. 

Incorporated 1855. Number of corporators, 159. 

Henry L. Williams, President. Treasurer, Charles H. Henderson. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$2,401,155 73 

41,221 06 
12,146 73 


Public funds, .... 
Loans on public funds, . 
Bank stock, .... 
Railroad bonds, 
-Real estate, from foreclosure, . 
Loans on real estate, 
Loans on personal security, . 
Loans on railroad stock, . 
Loans to counties, cities, or 

Deposit in banks on interest, 
Cash on band, .... 


$371,735 00 

6,300 00 

560,972 66 

10,500 00 

38,632 04 

1,092,028 00 

194,519 00 

1,500 00 

120,000 00 

57,000 00 

1,336 82 


1 


$2,454,523 52 


$2,454,523 52 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $3,300 
On city of Boston bonds, par value, $2,000, 
On State of Massachusetts bonds, par value, $1,000, 



$3,300 00 
2,000 00 
1,000 00 



Loans on Railroad Stock — amount on each : 
On 55 shares Connecticut River Railroad stock, par value, $5,500, 



$1,500 00 



Amount of real estate held by foreclosure, . . . . $38,632 04 

Estimated value of real estate, 36,200 00 

Cash on deposit in Banks : 

Asiatic National Bank, Salem, . . - $27,000 00 

Mercantile National Bank, Salem, 10,000 00 

First National Bank, Salem, . 20,000 00 



Whole amount of interest or profits received or earned, . . . $151,090 16 
Rate and amount of each semi-annual dividend ) 2\ per cent., . \ 55,714 77 
for the previous year, . . . . • > 2^ per cent., . \ 56,626 42 
Times for the dividends fixed by the by-laws : February and August. 
The total amount of loans with each specified rate of interest: 
$140,000, 5 per cent. ; $113,800, 6 per cent. ; $62,700, 6£ per cent. ; 
$382,012, 7 per cent. ; $661,235, 7^ per cent. ; $4,000, 7£ per 
cent. ; $50,600 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 378 

Aggregate amount of the same, . . . . . . . . 559,572 00 

Number of open accounts, 7,699 

Number and am't of deposits received for the previous year, 4,176 339,577 88 



1878.] 



PUBLIC DOCUMENT — No. 8. 



267 



Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 318 $187,353 70 
Number and amount of withdrawals, .... 3,661 351,548 08 

Number of accounts opened during the previous year, . . 777 
Number of accounts closed during the previous year, . . 748 
Amount of the expenses of the corporation during the previous 

year, 6,269 22 

Amount of treasurer's bonds, 25,000 00 

Date of examination by Commissioner, August 1. 



J 


Public Funds. 


♦ 








Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$10,000 


111,037 50 


$9,800 00 


City Bonds — 








City of Portland, Me., 


$5,000 


$5,150 00 


$4,500 00 


of Bath, Me., . 






18,000 


18,540 00 


17,000 00 


of Lewiston, Me., 






40,000 


41,400 00 


40,000 00 


of Gardiner, Me., 






10,000 


10,000 00 


10,000 00 


of Portsmouth, N.H. 


7 




3,000 


3,180 00 


3,150 00 


of Salem, . 






19,000 


19,340 00 


19,000 00 


of Fall River, . 






47,000 


49,085 00 


46,930 00 


of Lawrence, . 






35,000 


37,800 00 


33,000 00 


of Haverhill, 






10,000 


11,400 00 


10,000 00 


of Springfield, . 






41,000 


47,770 00 


41,180 00 


of Lynn, . 






20,000 


21,600 00 


22,000 00 


of Somerville, . 






20,000 


20,700 00 


20,175 00 


of Meriden, Conn, 






65,000 


70,780 00 


65,000 00 


of Waterbury, Conn 


? 




20,000 


22,800 00 


20,000 00 


of Hartford, Conn., . 


10,000 


10,750 00 


10,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston 
Continental Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Faneuil Hall Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 



$12,000 

10,000 

20,000 

7,900 

20,000 

7,800 

3,900 

22,000 

8,500 

11,400 

10,000 

8,300 

7,300 

2,500 

2,500 

8,600 

20,000 



$16,200 00 


11,500 


00 


21,400 


00 


9,006 


00 


23,400 


00 


8,814 


00 


5,265 


00 


22,660 


00 


9,095 


00 


11,514 


00 


10,800 


00 


8,964 


00 


7,957 


00 


. 3,325 


00 


4,625 


00 


9,288 


00 


22,000 


00 



$13,977 00 

10,758 25 

21,539 25 

9,480 00 

25,000 00 

8,594 75 

5,170 87 

22,235 25 

9,382 50 

12,390 00 

10,957 50 

9,218 00 

7,532 25 

3,261 00 

2,500 00 

9,624 00 

21,043 50 



268 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 




Amount Invested. 




' 


Market Value. 


■ 


Hamilton Nat'l Bank, Boston, . 


$7,000 


$8,260 00 


$7,900 00 


Hide and Leather Nat'l B'k, Boston, 


8,500 


. 9,520 00 


9,375 00 


Howard Nat'l Bank, Boston, . 


8,400 


9,450 00 


9,435 25 


Manufacturers' JSTat'l Bank, Boston, 


10,000 


9,900 00 


10,092 63 


Market Nat'l Bank, Boston, . 


500 


530 00 


540 00 


Massachusetts Nat'l Bank, Boston, . 


15,000 


16,500 00 


16,891 55 


Merchandise Nat'l Bank, Boston, . 


12,000 


12,120 00 


12,135 00 


Merchants' Nat'l Bank,»Boston, 


43,200 


57,456 00 


50,375 87 


Mt. Vernon Nat'l Bank, Boston, 


3,400 


3,961 00 


3,966 00 


New England Nat'l Bank, Boston, . 


8,000 


10,720" 00 


10,929 00 


North Nat'l Bank, Boston, 


20,000 


23,400 00 


21,621 00 


No. America Nat'l Bank, Boston, . 


16,000 


17,360 00 


16,157 00 


Old Boston Nat'l Bank, Boston, 


6,350 


7,874 00 


8,019 00 


Redemption, Nat'l Bank, Boston, 


2,000 


2,600 00 


2,800 00 


Revere Nat'l Bank, Boston, 


30,000 


32,700 00 


30,000 00 


Second Nat'l Bank, Boston, 


7,200 


10,080 00 


7,659 00 


Shawmut Nat'l Bank, Boston, . 


5,700 


6,555 00 


6,631 50 


Shoe and Leather Nat'l Bank, Boston, 


4,100 


4,633 00 


4,866 12 


Suffolk Nat'l Bank, Boston, 


7,500 


8,850 00 


8,197 25 


Third Nat'l Bank, Boston, 


10,000 


11,100 00 


11,501 25 


Traders' Nat'l Bank, Boston, . 


10,000 


10,800 00 


10,037 75 


Tremont Nat'l Bank, Boston, . 


10,000 


10,900 00 


11,201 62 


Webster Nat'l Bank, Boston, . 


5,000 


5,050 00 


5,000 00 


Asiatic Nat'l Bank, Salem, 


10,530 


14,742 00 


10,560 75 


Exchange Nat'l Bank, Salem, . 


10,300 


12,154 00 


10,354 00 


First Nat'l Bank, Salem, 


900 


1,143 00 


975 00 


Mercantile Nat'l Bank, Salem, 


15,300 


17,748 00 


16,060 50 


Merchants' Nat'l Bank, Salem, 


8,100 


11,502 00 


8,367 75 


Naumkeag Nat'l Bank, Salem, 


10,100 


15,352 00 


10,758 75 


Salem Nat'l Bank, Salem, 


25,900 


30,562 00 


25,900 00 



Railroad Bonds. 



Eastern Railroad bonds, . 




$10,500 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



269 



SALEM SAYINGS BANK — SALEM. 

Incorporated January, 1818. Number of corporators, 196. 
Benj. H. Silsbee, President. Treasurer, Chas E. Symonds. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$6,343,222 34 

12,257 62 
60,000 00 


Public funds, . ; * 

Loans on public funds, . 

Bank stock, .... 

Loans on bank stock, 

Railroad bonds, 

Real estate, .... 

Loans on real estate, inclu ding- 
foreclosure, . . . . 

Loans on personal security, . 

Loans to counties, cities, or 
towns, 

Deposit in banks on interest, . 

Cash on hand, .... 


$2,916,500 00 

7,000 00 

599,800 00 

10,000 00 

217,000 00 

75,000 00 

1,204,697 27 
597,000 00 

605,100 00 

134,000 00 

49,382 69 




$6,415,479 96 


$6,415,479 96 



Loans on Public Funds — amount on each : 
On city of Boston bonds, par value, $7,000, gold, * . . . 

Loans on Bank Stock •*— amount on each : 
On 36 shares Salem National Bank, par Value, $100, ; 23 shares Ex- 
change National Bank, par value, $100 ; 23 shares Asiatic Na- 
tional Bank, par value, $30, — all of Salem; and 32 shares Boston 
and Albany Railroad, . . . 

Amount invested in real estate, .... 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Assessed value of real estate held by foreclosure, 

Cash on deposit in Banks : 

Merchants' National Bank, Salem, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2\ per cent., 
for the previous year, ) 2\ per cent., 

Times for the dividends fixed by the by-laws : third Wednesday 
of April and October. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend : 6 per cent. 

The total amount of loans with each specified rate of interest: 
$134,000, 3 per cent. ; $148,000, 4 per cent. ; $277,000, 4$ per cent. ; 
$1,536,000, 5 per cent. ; $30,000, 5f per cent. ; $59,000, 5£ per 
cent. ; $1,734,000, 6 per cent. ; $144,000, 6^per cent. ; $563,000, 7 per 
cent. ; $750,000, 7 T 3 ¥ per cent. ; $10,000, % per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 156 

Aggregate amount of the same, . . . . . 



$7,000 00 



$10,000 00 

$75,000 00 

75,000 00 

103,550 00 

105,800 00 



$134,000 00 
396,781 56 
784 94 
728 33 



. ( 151, 

. \ 153, 



213,120 00 



270 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts, 15,817 

Number and am't of deposits received for the previous year, 7,028 $617,759 00 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 514 

Number and amount of withdrawals,, .... 9,272 

Number of accounts opened during the previous year, . 1,313 
Number of accounts closed during the previous year, . 1,449 

Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, August 15. 



304,812 00 
849,754 42 



12,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 4^s, 


$250,000 


$264,000 00 


$265,000 00 


" d " " 1867, 5-20s, . 


160,000 


174,400 00 


160.000 00 


" " " 5s, reg., . 


375,000 


401,250 00 


399,000 00 


" " " 10-40s, coupon, 


370,000 


401,450 00 


407,000 00 


" " " new 5s, " 


100,000 


107,000 00 


117,000 00 


" " " 4s, . 


50,000 


51,000 00 


50,000 00 


State Bonds — 








State of Maine bonds, 


$10,000 


$10,340 00 


$10,000 00 


of New Hampshire, 


2,000 


2,060 00 


2,000 00 


City and Town Bonds — 








Town of Arlington .... 


$10,000 


$10,700 00 


$10,000 00 


City of Boston . 1 






134,800 


142,344 00 


134.800 00 


of Bangor, Me. , 






20,000 


21,400 00 


20,000 00 


of Burlington, Vt., 






40,000 


42,000 00 


40,000 00 


of Bath, Me., . 






10,000 


10,700 00 


10,000 00 


of Charlestown, 






50,000 


53,500 00 


50,000 00 


of Chelsea, 






17,000 


18,270 00 


17,000 00 


of Cambridge, . 






15,000 


15,750 00 


15.000 00 


Town of Everett, 






2,000 


2,140 00 


2,000 00 


City|of Fall River, . 






110,000 


115,800 00 


110,000 00 


Town of Hyde Park, 






50,000 


51,500 00 


50,000 00 


of Holyoke, . 






65,000 


70,650 00 


65,000 00 


of Lawrence, . 






103.700 


109,207 00 


103,700 00 


City of Lynn, . 






120.000 


127,000 00 


120,000 00 


of Lowell, 






50,000 


53,500 00 


50,000 00 


Town of Milford, . 






15,000 


16,350 00 


15,000 00 


City of Manchester, . 






100,000 


109,500 00 


100,000 00 


Town of Maiden, 






50,000 


53,500 00 


50,000 00 


City of New Bedford, 






. 30,000 


30,000 00 


30,000 00 


of Providence, R.I., 






200,000 


210,000 00 


200,000 00 


Town of Roxbury, . 






22,000 


22,000 00 


22,000 00 


City of Salem, . 






142,000 


148,400 00 


142,000 00 


of Somerville, . 






95,000 


101,050 00 


95,000 00 


of Worcester, . 






20,000 


20,600 00 


20,000 00 


Town of Winchester, 






35,000 


37,800 00 


35,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Bank Stock. 



271 



Asiatic Nat'l Bank, Salem, 
Exchange Nat'l Bank, Salem, 
First Nat'l Bank, Salem, 
Salem Nat'l Bank, Salem, 
Merchants' Nat'l Bank, Salem, 
Naumkeag Nat 1 Bank, Salem, 
Beverly Nat'l Bank, Beverly, . 
Marblehead Nat'l B'k, Marblehead, 
Nat'l Grand Bank, Marblehead, 
City Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, . 
Merchandise Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, . 
Freeman's Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Republic Nat'l Bank, Boston, . 
Boylston Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, . 
Home Nat'l Bank, Brockton, . 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



$16,110 

8,200 

8,100 

7,500 

50,150 

3,500 

700 

1,700 

4,500 

20,500 

67,000 

28,000 

20,000 

66,500 

27,400 

20,000 

17,300 

54,700 

10,000 

25,000 

12,000 

11,400 

7,500 

16,500 

2,500 

1,000 

9,800 

12,500 

10,000 

10,000 



00 
00 
00 
00 
00 
00 
00 
00 



$21,462 00 

9,840 00 

9,882 00 

8,850 

71,213 

5,320 

840 

2,100 

5,000 

23,575 

71,020 

39,200 00 

22,100 00 

72,485 00 

32,195 00 

37,200 00 

24,220 00 

73,298 00 

13,300 00 

25,750 00 

14,160 00 

12,312 00 

8,850 00 

21,450 00 

2,975 00 

1,150 00 

10,388 00 

16,250 00 

12,100 00 

10,500 00 



$16,110 00 

8,600 00 

8,840 00 

7,600 00 

50,150 00 

4,200 00 

700 00 

1,700 00 

5,000 00 

22,400 00 

68,150 00 

28,000 00 

20,000 00 

67,000 00 

28,400 00 

20,000 00 

18,100 00 

74,600 00 

10,000 00 

25,000 00 

14,550 00 

12,500 00 

9,000 00 

21,600 00 

3,000 00 

1,100 00 

11,200 00 

17,500 00 

12,100 00 

10,000 00 



Railroad Bonds. 



Old Colony & Newport R.R. b'ds, 7s, 
Boston and Albany Railroad bonds, 
Eastern Railroad bonds, . 
Boston and Maine Railroad bonds, . 




$10,000 00 
81,750 00 
59,670 00 
38,500 00 



$9,000 00 
75,000 00 
98,900 00 
35,000 00 



272 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SANDWICH SAYINGS BANK — SANDWICH.* 

Incorporated 1866. Number of corporators, 49. 

William E. Boydeis-, President. Treasurer, H. G. O. Ellis. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Bills payable, . 


$108,044 06 
4,000 00 


Loans on public funds, . 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Expense account, . . 
Cash on hand, .... 


$14,175 67 

1,000 00 

23,800 00 

46,495 00 

25,218 00 

997 14 

358 25 




8112,044 06 


$112,044 06 



Loans on Public Funds — amount on each : 
On bond of city of Newport, E.I., par value, $1,000, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, 



Whole amount of interest or profits received or earned, . 

Rate and amount of semi-annual dividend for the previous year: 

2£ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$2,000, 6 per cent. ; $3,675.67, 6£ per cent. ; $10,500, 6| per cent. ; 
$24,789, 7 per cent. ; $4,990, 7 T % per cent; $64,734, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 81 

Aggregate amount of the same, 

Number of open accounts, ....... 521 

Number and am't of deposits received for the previous year, . 194 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 6 

Number and amount of withdrawals, 285 

Number of accounts opened during the previous year, . 33 

Number of accounts closed during the previous year, . . 58 
Amount of the expenses of the corporation during the previous 



$1,000 00 

$23,800 00 
16,850 00 

$5,484 22 
2,841 75 



year, 



Amount of treasurer's bonds, . . 

Date of examination by Commissioner, July 20. 



53,241 00 

9,076 25 

3,011 00 
21,386 63 



300 00 
20,000 00 



* Temporarily enjoined by a decree of the Supreme Judicial Court, August 25, 1877. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



273 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City Bonds — 
City of Norwich, Conn., . 

of Bath, Me., .... 


$10,000 
4,000 


$11,000 00 
4,080 00 


$10,500 00 
3,675 67 



SCITUATE SAVINGS BANK— SCITU ATE. 

Incorporated May 31, 1851. Number of corporators, 76. 
Horatio G. Reed, President. Treasurer, Charles A. Cole. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$147,876 83 

1,921 22 

395 82 


Bank stock, .... 
Real estate acquired, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Cash on hand, .... 


$12,300 00 

27,592 53 

90,786 69 

9,280 00 

6,570 00 
3,664 65 




$150,193 87 


$150,193 87 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$27,592 53 
28,000 00 



Cash on deposit in Banks : 
Boston National Bank, Boston, 



$2,843 40 



Whole amount of interest or profits received or earned, . , 
Bate and amount of each semi-annual dividend ) 2\ per cent., 
for the previous year, . . . . j 2-J per cent., 

Times for the dividends fixed by the by-laws: first Tuesday of 

March and September. 
The total amount of loans with each specified rate of interest: 
$8,570, 6 per cent. ; $52,471.19, 7 per cent. ; $2,337, 7^ per cent. ; 
$11,072.50, 7i per cent. ; $32,186, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 142 

Aggregate amount of the same, 

Number of open accounts, 410 

Number and am't of deposits received for the previous year, . 73 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any time for the previous year, .... 14 

Number and amount of withdrawals, 239 

Number of accounts opened during the previous year, . . 32 
35 



:i 



^8,946 32 
3,824 97 
3,880 78 



86,566 69 

12,446 77 

9,566 00 
26,450 92 



274 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts closed during the previous year, . . 53 
Amount of the expenses of the corporation during the previous 

year, $385 13 

Amount of treasurer's bonds, . . . . . . . . 10,000 00 

Date of examination by Commissioner, June 26. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston Nat'l Bank, Boston, 


|4,000 


$4,520 00 


$4,000 00 


North Nat'l Bank, Boston, 


1,200 


1,428 00 


1,225 50 


Blackstone Nat'l Bank, Boston, 


1,400 


1,540 00 


1,411 25 


Shawmut Nat'l Bank, Boston, 


1,300 


1,560 00 


1,300 00 


Washington Nat'l Bank, Boston, 


400 


504 00 


400 00 


Plymouth Nat'l Bank, Plymouth, . 
State Nat'l Bank, Boston, 


1,300 
500 


1,560 00 
570 00 


1,300 00 
550 00 


Hingham Nat'l Bank, Hingham, 


1,200 


1,200 00 


1,312 00 


Webster Nat'l Bank, Boston, . 


1,000 


1,030 00 


1,057 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



275 



SEAMEN'S SAVINGS BANK — PRO VINCETOWN. 

Incorporated April 14, 1851. Number of corporators, 82. 

Lysander N. Paine, President. Treasurer, Joseph H. Dyee. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . % . 


$639,744 04 


Public funds, .... 


$50,550 50 


Earnings, undivided, 


476 80 


Bank stock, .... 


162,912 71 


Guarantee fund, 


1,673 88 


Loans on bank stock, 


1,200 00 


Other liabilities, 


6,542 62 


Railroad bonds, 


28,850 00 






Real estate, .... 


1,527 77 






Real estate by foreclosure, 


17,015 88 






Loans on real estate, 


114,295 75 






Loans on personal security, . 


90,000 09 






Loans to counties, cities, or 








towns, 


154,800 00 






Deposit in banks on interest, . 


17,368 47 






Deposit in banks, 


1,026 91 






Furniture and safes, 


2,567 89 






Cash on hand, .... 


6,321 37 




$648,437 34 


$648,437 34 



Amount invested in real estate, .... 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$1,527 77 

1,527 77 

17,015 88 

17,015 88 



Cash on deposit in Banks : 
First National Bank, Provincetown, 
Freeman's National Bank, Boston, 



$1,026 91 
17,368 47 



:i 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 3 per cent., 

for the previous year, ) 2 per cent., 

Times for the dividends fixed by the by-laws : January and July. 
Average annual percent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 5^q per cent. 
The total amount of loans, with each specified rate of interest: 

$16,000, 5$ per cent. ; $16,500, 6 per cent. ; $62,647.19, 6£per cent. ; 

$194,597.65, 7 per cent.; $8,400, 7 T 3 per cent. ; $8,122, 7£ per 

cent. ; $18,100, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 137 

Aggregate amount of the same, • . 

Number of open accounts, 2,120 

Number and am't of deposits received for the previous year, . 770 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 58 
Number and amount of withdrawals, . . • f • 1,4M 
Number of accounts opened during the previous year, . . 183 



$43,278 79 
18,374 90 
13,164 36 



113,116 84 

66,934 77 

28,502 28 
133,557 67 



276 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts closed during the previous year, . . 167 
Amount of the expenses of the corporation during the previous 

year, $2,300 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, August 23. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$100 00 


$109 00 


• 

$115 00 


City Bonds — 








City of Charlestown 6s,. . 


125,000 


$28,000 00 


$25,000 00 


of Bath, Me., 6s, . 


1,500 


1,567 50 


1,500 00 


of Portland, Me, 


1,000 


1,070 00 


1,000 00 


of Belfast, Me., 


10,000 


10,200 00 


10,300 00 


of Bangor, Me., 


7,000 


7,140 00 


7,210 00 


of. Fall River, .... 


5,000 


5,450 00 


5,425 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 
NatTBank of No. America, Boston, 
Blackstone Nat'l Bank, Boston, 
Blue Hill Nat'l Bank, Boston, . 
Boston Nat'l Bank, Boston, 
Nat'l City Bank, Boston, . 
Central Nat'l Bank, Boston, . 
Continental Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston 
Everett Nat'l Bank, Boston, . 
Freeman's Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . 
Home Nat'l Bank, Brockton, . 
Mount Vernon Nat'l Bank, Boston, 
Manufacturers' Nat'l Bank, Boston 
Market Nat'l Bank, Boston, . 
Old Boston Nat'l Bank, Boston, 
First Nat'l Bank, Provincetown, 
Nat'l Bank of the Republic, Boston 
Nat'l Revere Bank, Boston, 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston^ 
State Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, 
First Nat'l Bank of Chelsea, 



$2,500 
6,300 
2,700 
1,500 

12,600 
1,000 
5,000 
2,500 
5,000 
1,300 

10,000 
8,000 
2,500 
1,500 
500 
5,000 
7,500 
1,000 
2,000 
5,400 

15,000 

10,500 
1,700 
1,800 

10,100 
3,000 
9,500 
1,000 
5,000 



$2,887 


50 


6,835 


50 


2,895 75 


1,530 


00 


14,379 


75 


l',152 


50 


4,987 


50 


2,550 


00 


5,400 


00 


780 


00 


10,900 


00 


8,660 


00 


2,750 


00 


1,689 


37 


520 


00 


5,825 


00 


7,425 


00 


1,055 


00 


2,480 


00 


8,640 


00 


19,575 


00 


11,445 


00 


2,384 


25 


2,124 00 


10,983 


75 


3,630 


00 


10,497 


50 


1.022 


50 


5,500 


00 



$3,175 00 
7,225 00 
3,656 12 
1,777 50 

12,600 00 
1,000 00 
5,432 50 
3,131 25 
6,000 00 
1,926 58 

13,150 00 
8,000 00 
3,562 50 
1,500 00 
540 00 
6,250 00 
8,615 63 
1,190 00 
3,300 00 
6,820 00 

16,625 00 

11,598 13 
1.700 
2,105 

10,100 
4,187 

11,555 
1,190 
5,000 



00 
00 
00 
50 
00 
00 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Railroad Bonds. 



277 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Cheshire Railroad bonds, 6s. . 


$2,000 


$1,950 00 


$2,000 00 


Mansfield and Framingham Railroad 








bonds, 7s, . 


1,000 


950 00 


950 00 


Framingham and Lowell Railroad 








bonds, 7s, .... . 


1,000 


900 00 


900 00 


Cape Cod Railroad bonds, 7s, . 


25,000 


26,750 00 


25,000 00 



SHELBURNE FALLS SAVINGS BANK — SHELBURNE FALLS. 

Incorporated 1855. Number of corporators, 92. 

F. A. Ball, President. Treasurer, A. K. Hawks. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$681,204 05 


Public funds, .... 


$100,000 00 


Earnings, undivided, 


14,997 43 


Bank stock, .... 


75,800 00 


Guarantee fund, 


4,000 00 


Loans on bank stock, 


3,000 00 






Real estate, .... 


6,400 00 






Loans on real estate, 


397,230 89 






Loans on personal security, . 


102,936 45 






Loans to counties, cities, or 








towns, 


10,000 00 






Deposit in bank, 


4,220 04 






Cash on hand, .... 


614 10 




$700,201 48 


$700,201 48 



Loans on Bank Stock — amount on each : 
On 28 shares Shelburne Falls National Bank, Shelburne Falls, 



Amount invested in real estate, 

Estimated value of real estate, 

Amount of real estate held by foreclosure, 

Estimated value of real estate held by foreclosure, . 

Cash on deposit in Banks : 
Shelburne Falls National Bank, Shelburne Falls, . 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : April 10- and Octo- 
ber 10. 

The total amount of loans with each specified rate of interest: 
$513,167.34, 6 per cent. 



$3,000 00 

$5,000 00 
5,000 00 
1,400 00 
1,400 00 



$4,220 04 

$54,958 43 
16,011 59 
16,470 04 



278 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 415 

Aggregate amount of the same, ■ . 

Number of open accounts, 2,900 

Number and am't of deposits received for the previous year, 1,290 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 75 
Number and amount of withdrawals, .... 1,320 

Number of accounts opened during the previous year, . . 334 
Number of accounts closed during the previous year, . . 357 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, June 4. 



$340,309 95 

90,178 75 

42,911 05 
109,920 43 



1,800 00 



Public Funds. 



. 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 

City Bonds — 
City of Fall River, .... 


$90,000 
$10,000 


$94,600 00 
10,700 00 


$95,200 00 
10,250 00 



Bank Stock. 



Shelburne Falls Nat'l B'k, Shelbume 








Falls, 


$30,000 


$37,500 00 


$30,000 00 


First Nat'l Bank, Northampton, 


20,800 


26,000 00 


20,800 00 


Conway Nat'l Bank, Conway, . 


15,000 


16,800 00 


15,000 00 


Adams Nat'l Bank, North Adams, . 


5,000 


6,000 00 


5,000 00 


First Nat'l Bank, Westfield, . 


5,000 


6,300 00 


5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



279 



SOUTHBRIDGE SAVINGS BANK — SOUTHBRIDGE. 
Incorporated 1848. Number of corporators, 88. 

.Jou\ P. Stkdma.v, President. Treasurer, Samuel M. Lane. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$901,481 13 


Public funds, .... 


.■$404,000 00 


Earnings, undivided, 


17,7!)!) 95 


Loans on public, funds, . 


21,950 00 


Guarantee fund, 


2,200 00 


Bank stock, .... 


44,290 00 






Loans on hank stock, 


1,700 00 






Railroad bonds, 


50,000 00 






Loans on real estate, 


20:5,550 00 






Loans on personal security, . 


55,040 00 






Loans to counties, cities, or 








towns, 


5,000 00 






Loans to banks on interest, . 


33,000 00 






Expense account, 


326 40 






Premium account, . 


10,825 00 






Cash on hand, .... 


1,199 5!» 


. 


$921,481 08 


■3021,481 08 



Loans on Public Funds — amount on each; 
On United States bonds, par value, $22,000, 



$21,950 00 



Loans on Bank Stock — amount on each : 
On 10 shares Southbridge National Bank, Southbridge, 
On 8 shares Blackstone National Bank, Boston, 



$900 00 
800 00 



Cash on deposit in Banks : 
Southbridge National Bank, Southbridge, 



$33,000 00 



20,026 62 
20,586 72 



Whole amount of interest or profits received, $54,598 97 

Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 

for the previous year, ) 2£ per cent., .( 

Times for the dividends fixed by the by-laws: first Wednesday of 

January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 6 per cent. 
The total amount of loans with each specified rate of interest: 

$20,000, 4 per cent. ; $5,000, 6£ per cent. ; $352,840, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 152 

Aggregate amount of the same, 

Number of open accounts, 2,499 

Number and am't of deposits received for the previous year, 1,325 101,841 81 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . .75 
Number and amount of withdrawals, .... 1,051 

Number of accounts opened during the previous year, . . 279 
Number of accounts closed during the previous year, . . 249 



153,690 00 



39,943 96 
98,982 64 



280 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of the expenses of the corporation during the previous 

year, . . . . * . . $2,160 91 

Amount of treasurer's bonds, 50,000 00 

Date of examination by Commissioner, March 19. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 


$165,000 


$174,550 00 


$169,400 00 


City and Town Bonds — 








City of Lynn, . H 


$8,000 


$8,720 00 


$8,700 00 


of Chelsea, . 






12,000 


13,060 00 


13,050 00 


of Cambridge, . 






10,000 


11,100 00 


10,600 00 


of Fall River . 






15,000 


16,350 00 


15,000 00 


of Holyoke, 






20.000 


21,600 00 


20,000 00 


of Lawrence, . 






10,000 


10,900 00 


10,000 00 


of ISTew Bedford, 






15,000 


15,800 00 


15,200 00 


of Newton, 






5,000 


5,400 00 


5,200 00 


of Portland, Me., 






9,000 


9,630 00 


9,000 00 


of Salem, . 






10,000 


10,300 00 


10.200 00 


of Somerville, . 






15,000 


15,900 00 


15,000 00 


of Springfield, . 






15,000 


16,600 00 


15,175 00 


of Waterbury, Conn. 


5 




10,000 


11,000 00 


10,000 00 


Town of Brookline N , . 






20,000 


22,340 00 


20,000 00 


of Maiden, 






20,000 


21,800 00 


20,000 00 


of Northampton, 






20,000 


21,000 00 


20,000 00 


of Woburn 






10,000 


11,100 00 


10,000 00 


of Abington, . 






10,000 


11,000 00 


10,950 00 


City of Fitchburg .... 


5,000 


5,500 00 


5,500 00 



Bank Stock. 



Blackstone Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Southbridge Nat'l B'k, Southbridge, 




$5,300 00 

1,800 00 

1,200 00 

500 00 

13,400 00 
2,200 00 
3,400 00 
2,000 00 

14,490 00 



Railroad Bonds. 



Boston and Albany Railroad bonds,. 
Boston and Lowell Railroad bonds, . 
Boston and Maine Railroad bonds, . 
Old Colony Railroad bonds, 



$10,000 
20,000 
10,000 
10,000 



$11,500 00 
21,400 00 
11,000 00 
11,000 00 



$10,350 00 
20,800 00 
10,000 00 

. 10,700 00 



1878.] 



PUBLIC DOCUMENT— No. 8. 



281 



SOUTH ADAMS SAVINGS BANK — SOUTH ADAMS. 

Incorporated 1869. Number of corporators, 9. 

Henry J. Bliss, President. Treasurer, H. H. Wellington". 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$331,923 16 

4,272 97 
1,000 00 


Public funds, 

Loans on public funds, . 

Bank stock, 

Loans on bank stock, 

Loans on real estate, 

Loans on personal security, 

Loans to banks on interest, 

Expense account, 

Insurance account, . 




$30,000 00 

1,622 00 

19,650 00 

20,300 00 

135,025 00 

112,342 75 

17,856 94 

340 69 

58 75 




$337,196 13 






$337,196 13 



Loans on Public Funds — amount on each : 
On town of Adams bonds, par value, $2,000, 

Loans on Bank Stock — amount on each : 
On 210 shares First National Bank, Adams, 

Cash on deposit in Banks : 
First National Bank, Adams, 



. $1,622 00 
. $20,300 00 
. $17,856 94 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2f per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 
$28,692.75, 6 per cent.; $3,622, 6£ per cent.; $160,625, 7 per 
cent. ; $10,200, Ij 3 ^ per cent. ; $66,150, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 110 

Aggregate amount of the same, 

Number of open accounts, 992 

Number and am't of deposits received for the previous year, 2,556 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 80 

Number and amount of withdrawals, 572 

Number of accounts opened during the previous year, . . 200 
Number of accounts closed during the previous year, . . 125 
Amount of the expenses of the corporation during the previous 



$17,292 86 
8,087 50 
7,730 44 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 5. 
36 



99,389 75 

93,022 6Q 

44,666 03 
67,164 37 



1,613 19 
50,000 00 



282 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 

Town Bonds — 
Town of Adams bonds, 



110,000 



$20,000 



$10,250 00 



$21,000 00 



$10,000 00 



$20,000 00 



Bank Stock. 



Adams Nat'lBank, North Adams, 
Lee Nat'l Bank, Lee, 
First Nat'l Bank, Adams, 




$800 00 

2,150 00 

19,000 00 



$700 00 

1,750 00 

, 17,200 00 



1878.] 



PUBLIC DOCUMENT— No. 8. 



283 



SOUTH BOSTON SAVINGS BANK — SOUTH BOSTON. 

Incorporated March 3, 1863. Number of corporators, 62. 
George E. Alden, President. Treasurer, George W. Ellis. 

Statement/ 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,862,563 04 

8,564 14 
9,500 00 


Public funds, .... 

Bank stock, 

Railroad bonds, 

Real estate, .... 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, . 

Furniture and fixtures, . 

Deposit in banks on interest, . 

Charges on mortgages, . 

Interest accrued, 

Cash on hand and on deposit,. 


$348,936 15 

155,477 12 

125,955 00 

89,540 20 

61,095 94 

948,283 38 

56,400 00 

3,000 00 

63,967 83 

869 82 

22,134 40 

4,967 34 




$1,880,627 18 


$1,880,627 18 



Amount invested in real estate, 
Estimated value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
Maverick National Bank, Boston, 



Whole amount of interest or profits receivedor earned, . 
Rate and amount of each semi-annual dividend ) 2-£ per cent., 

for the previous year, ) 2 per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7£ per cent. 
The total amount of loans with each specified rate of interest: 
$68,100, 6 per cent.; $69,500, 6* per cent.; $468,1S3.38, 7 per 
cent. ; $3,000, 7 T % per cent. ; $168,500, 7-J- per cent. ; $227,400, 8 
per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 258 

Aggregate amount of the same, 

Number of open accounts, 9,117 

Number and am't of deposits received for the previous year, 9,005 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 215 
Number and amount of withdrawals, . . . 7,772 

Number of accounts opened during the previous year, . 1,138 
Number of accounts closed during the previous year, . 766 

Amount of the expenses of the corporation during the previous 



,540 20 
89,540 20 
61,095 94 
65,200 00 

$63,967 83 

$113,286 76 
< 43,267 25 
I 34,949 98 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, March 1. 



413,436 00 

462,744 95 

113,725 27 
479,945 60 



6,692 48 
40,000 00 



284 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20s, 


$115,900 


$125,740 00 


$133,367 90 


City and Town Bonds — 








City of Bangor, Me. , 


$36,000 


$36,720 00 


$33,055 00 


of Bath, Me., . 




20,500 


20,910 00 


20,185 00 


of Charlestown, 




5,000 


5,600 00 


5,100 00 


of New London, Conn., 




10,000 


11,200 00 


10,500 00 


of Norwich, Conn., . 




30,000 


31,320 00 


30,930 00 


of Haverhill, . 




16,000 


17,120 00 


15,680 00 


of Chelsea, 




7,000 


7,665 00 


6,860 00 


of Portland, Me., . 




40,000 


41,600 00 


38,462 50 


of Somerville, . 




10,000 


10,750 00 


10,000 00 


of Belfast, Me., 




6,000 


6,120 00 


6,050 00 


of Fall River, . 




10,000 


10,900 00 


10,837 50 


of Rockland, Me., . 




7,000 


7,140 00 


6,577 50 


Town of Everett, 




1,000 


1,090 00 


980 75 


of Brockton, . 




20,000 


20,400 00 


20,350 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 


$11,100 


$12,820 50 


$12,933 38 


Commerce Nat'l Bank, Boston, 


10,000 


10,550 00 


12,237 50 


Columbian Nat'l Bank, Boston, 


14,000 


19,040 00 


18,455 00 


Eliot Nat'l Bank, Boston, 


15,000 


16,200 00 


18,412 50 


Globe Nat'l Bank, Boston, 


6,000 


6,600 00 


7,500 00 


Howard Nat'l Bank, Boston, . 


1,300 


1,462 50 


1,433 25 


Massachusetts, Nat '1 Bank, Boston, . 


4,500 


5,175 00 


5,861 25 


Merchants' Nat'l Bank, Boston, 


5,000 


6,650 00 


6,600 00 


Market Nat'l Bank, Boston, . 


1,000 


1,060 00 


1,110 00 


North Nat'l Bank, Boston, 


3,900 


4,524 00 


4,597 12 


North America Nat'l Bank, Boston, 


2,700 


2,929 50 


2,990 25 


Republic Nat'l Bank, Boston, . 


6,500 


8,482 50 


8,471 87 


State Nat'l Bank, Boston, 


10,400 


11,310 00 


11,050 00 


Suffolk Nat'l Bank, Boston, . 


5,000 


6,100 00 


6,381 25 


Traders' Nat'l Bank, Boston, . 


2,600 


2,704 00 


2,986 25 


Tremont Nat'l Bank, Boston, . 


20,000 


22,000 00 


24,912 50 


Webster Nat'l Bank, Boston, . 


9,000 


9,180 00 


9,545 00 



Railroad Bonds. 



Old Colony Railroad bonds, 


$32,000 


$35,360 00 


$33,762 50 


New Bedford Railroad bonds, . 


1,000 


1,000 00 


1,057 50 


Cape Cod Railroad bonds, 


16,000 


17,040 00 


16,210 00 


Boston and Maine Railroad bonds, . 


50,000 


55,250 00 


53,775 00 


Boston and Albany Railroad bonds, 


18,000 


19,170 00 


18,450 00 


Eastern Railroad bonds, . 


6,000 


3,030 00 


2,700 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



285 



SOUTH SCITUATE SAVINGS BANK — SOUTH SCITUATE. 

Incorporated April 2, 1834. Number of corporators, 72. 
, President. Treasurer, Ebenezer, T. Fogg. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$440,768 52 


Public funds, .... 


$17,997 50 


Earnings, undivided, 


6,068 93 


Bank stock, .... 


58,700 00 


Guarantee fund, 


1,120 00 


Loans on bank stock, 


1,300 00 






Railroad bonds, 


4,460 00 






^Beal estate by foreclosure, 


23,043 00 






Loans on real estate, 


292,529 11 


' 




Loans on personal security, . 
Loans to counties, cities, or 


33,411 00 






towns, 


9,397 00 






Cask on band, .... 


7,119 84 




$447,957 45 


$447,957 45 



Loans on Bank Stock — amount on each: 
On 16 shares Union National Bank, Weymouth, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, .... 



Cash on deposit in Banks : 
Manufacturers' National Bank, Boston, 
New England Trust Co., Boston, 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2% per cent., 

for the previous year, ] 2| per cent., 

Times for the dividends fixed by the by-laws : last Saturday of 

February and August. 
Average annual per cent of dividends for the term ending at the 

time of, and including, the last extra dividend : 7£ per cent. 
The total amount of loans with each specified rate of interest: 

$15,897, 6 per cent. ; $188,350.11, 7 per cent. ; $13,111, 7^ ¥ per 

cent. ; $77,979, 1\ per cent. ; $41,300, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 368 

Aggregate amount of the same, 

Number of open accounts, 1,136 

Number and am't of deposits received for the previous year, . 250 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .32 

Number and amount of withdrawals, 472 

Number of accounts opened during the previous year, . . 88 
Number of accounts closed during the previous year, . . 65 

* Geo. H. Wetherbee, Esq., lat€ President, recently deceased. 



$1,300 00 

$23,043 00 
25,675 00 



$3,025 62 
3,980 84 

$24,316 03 
10,761 90 
10,961 25 



256,790 59 

31,549 34 

17,096 00 
42,148 76 



286 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of the expenses of the corporation during the previous 

year, $1,123 50 

Amount of treasurer's bonds, . . . 10,000 00 

Date of examination by Commissioner, June 28. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, 



$16,850 



$18,018 00 



$17,997 50 



Bank Stock. 



Howard Nat'l Bank, Boston, . 


$1,400 


$1,710 00 


$1,400 00 


Union Market Nat'l B'k, Watertown, 


2,000 


1,600 00 


2,000 00 


Eleventh Ward Nat'l Bank, Boston, 


2,600 


2,600 00 


4,000 00 


Hingham Nat'l Bank, Hingham, 


1,960 


2,240 00 


2,800 00 


Union Nat'l Bank, So. Weymouth, . 


2,700 


3,055 00 


2,700 00 


Globe Nat'l Bank, Boston, 


300 


330 00 


300 00 


Eliot Nat'l Bank, Boston, 


800 


864 00 


800 00 


New England Nat'l Bank, Boston, . 


1,000 


1,350 00 


1,000 00 


Massachusetts Nat'l Bank, Boston, . 


500 


575 00 


500 00 


City Nat'l Bank, Boston, 


2,300 


2,645 00 


2,300 00 


Eagle Nat'l Bank, Boston, 


2,300 


2,484 00 


2,300 00 


Merchants' Nat'l Bank, Boston, 


1,500 


1,995 00 


1,500 00 


Hamilton Nat'l Bank, Boston, . 


1,500 


1,770 00 


1,500 00 


Washington Nat'l Bank, Boston, 


1,600 


2,104 00 


1,600 00 


Shawmut Nat'l Bank, Boston, . 


1,300 


1.534 00 


1,300 00 


Commerce Nat'l Bank, Boston, 


4,000 


4,220 00 


4,000 00 


Second Nat'l Bank, Boston, 


1,700 


2,384 00 


1,700 00 


Fourth Nat'l Bank, Boston, . 


4,000 


3,600 00 


4,000 00 


Revere Nat'l Bank, Boston, 


6,500 


7,085 00 


6,500 00 


Columbian Nat'l Bank, Boston, 


3,200 


4,252 00 


3,200 00 


Traders' Nat'l Bank, Boston, . 


2,800 


2,912 00 


2,800 00 


North Nat'l Bank, Boston, 


4,500 


5,220 00 


4,500 00 


Atlantic Nat'l Bank, Boston, . 


1,000 


1,330 00 


1,000 00 


Merchandise Nat'l Bank, Boston, . 


2,000 


2,040 00 


2,000 00 


Union Nat'l Bank, Boston, 


1,000 


1,330 00 


1,000 00 


Webster Nat'l Bank, Boston, . 


2,000 


2,040 00 


2,000 00 



Railroad Bonds. 



Old Colony and Newport R.R. bonds, 




$4,460 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



287 



SOUTH WEYMOUTH SAYINGS BANK— SOUTH WEYMOUTH. 

Incorporated 1868. Number of corporators, 34. 

Albert Tirrell, President. Treasurer, B. F. White. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$398,248 61 
7,066 49 
1,000 00 


Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Deposit in banks on interest, . 
Expense account and tax, 


$158,471 50 

172,432 65 

60,223 70 

7,000 00 

7,658 65 

528 60 




$406,315 10 


$406,315 10 



Cash on deposit in Banks : 
First National Bank, South Weymouth, 



$7,658 65 



Whole amount of interest or profits received or earned, . 
Eate and amount of each semi-annual dividend ") 2\ per cent., 

for the previous year, j 2\ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7$ per cent. 
The total amount of loans with each specified rate of interest: 
$58,563.85, 6 per cent. ; $6,000, 6£ per cent. ; $43,550, 7 per cent. ; 
$114,592.50, 7£ per cent. ; $16,950, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 164 

Aggregate amount of the same, 

Number of open accounts, 946 

Number and am't of deposits received for the previous year, . 441 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 42 
Number and amount of withdrawals, . . .* . . 413 
Number of accounts opened during the previous year, . . 121 
Number of accounts closed during the previous year, . . 80 
Amount of the expenses of the corporation during the previous 



$23,717 97 
9,128 68 
9,381 93 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 6. 



148,856 35 

44,762 43 

22,644 03 

36,897 07 



1,167 21 
10,000 00 



288 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Shawmut Xat'l Bank, Boston, . 


$10,000 


$11,853 00 


$11,853 00 


Globe Xat'l Bank, Boston, 


4,000 


4,430 00 


5,014 25 


Tremont Xat'l Bank, Boston, . 


3,700 


4,088 50 


4,644 62 


Eliot Xat'l Bank, Boston, 


9,600 


10,416 00 


11,085 88 


New England Xat'l Bank, Boston, . 


4,000 


5,370 00 


5,450 50 


Redemption Xat'l Bank, Boston, 


10,000 


13,025 00 


12,910 25 


Revere Xat'l Bank, Boston, 


6,000 


6,570 00 


7,260 00 


Howard Xat'l Bank, Boston, . 


7,000 


7,884 00 


7,580 00 


Columbian Xat'l Bank, Boston, 


3,900 


5,479 50 


4.994 62 


Commerce Xat'l Bank, Boston, 


6,600 


6,996 00 


8,227 38 


Boston Xat'l Bank, Boston, 


10,000 


11.425 00 


11,397 74 


Eagle Xat'l Bank, Boston, 


1,500 


1,620 00 


1,864 00 


Continental Xat'l Bank, Boston, 


3,000 


3,060 00 


3,382 75 


Webster Xat'l Bank, Boston, . 


8,600 


8.794 00 


9,045 14 


Atlantic Xat'l Bank, Boston, . 


4,000 


5,320 00 


5,540 25 


Merchants' Xat'l Bank, Boston, 


3,500 


4.690 00 


4,575 87 


First Xat'l Bank, S. Weymouth, 


4,000 


5,000 00 


4,651 00 


Shoe and Leather Xat'l B'k, Boston, 


7,500 


8,769 00 


8,771 25 


Second Xat'l Bank, Boston, 


2,000 


2,805 00 


2,915 00 


Manufacturers' Xat'l Bank, Boston, 


10,000 


9,975 00 


9,982 50 


Republic Xat'l Bank, Boston, . 


4,000 


5,220 00 


5,077 50 


Market Xat'l Bank, Boston, . 


2,000 


2.140 00 


2,210 00 


Suffolk Xat'l Bank, Boston, . 


1,800 


2,084 75 


2,184 75 


State Xat'l Bank, Boston, 


1,200 


1,305 00 


1,323 00 


Xorth America Xat'l Bank, Boston, 


6.000 


6,510 00 


6,530 25 



1878.] 



PUBLIC DOCUMENT — No. 8. 



289 



SPRINGFIELD FIVE CENTS SAYINGS BANK — SPRINGFIELD. 

Incorporated April 27, 1854. Number of corporators, 37. 

Joseph C. Pynchon, President. Treasurer, D. J. Marsh. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,304,386 23 


Public funds, .... 


$252,800 00 


Earnings, undi- 




Loans on public funds, . 


2,800 00 


vided, 


4,147 62 


Bank stock, .... 


57,100 00 


Guarantee fund, 


3,200 00 


Loans on bank stock, 


1,725 00 






Real estate, .... 


138,832 60 






-Real estate by foreclosure, 


29,700 00 






Loans on real estate, 


737,055 00 






Loans on personal security, . 


58,500 00 






Deposits in banks, . 


23,000 00 






Cash On hand, .... 


10,221 25 




$1,311,733 85 


$1,311,733 85 



Loans on Public Funds — amount on each : 
On United States bonds, 5-20s, par value, $2,900, 

Loans on Bank Stock — amount on each : 
On 6 shares Second National Bank, Springfield, ■ 
On 12 shares Agawam National Bank, Springfield, 



$2,800 00 



$600 00 
1,125 00 



Amount invested in real estate, $138,832 60 

Estimated value of real estate, 138,832 60 

Real estate acquired by foreclosure, 29,700 00 

Estimated value of same, 29,700 00 



Cash on deposit in Banks : 
Pynchon National Bank, Springfield, 
Chicopee National Bank, Springfield, 



$10,000 00 
13,000 00 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend > 2£ per cent., 
for the previous year, > 2-J per cent., 

Times for the dividends fixed by the by-laws : January and July. 

Average annual per cent of dividends for the term ending at the 
time of, and including the last extra dividend : 7 per cent. 

The total amount of loans with each specified ' rate of interest; 
$50,000, 5 per cent. ; $750,080, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 136 

Aggregate amount of the same, 

Number of open accounts, 5,056 

Number and am't of deposits received for the previous year, 3,577 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 271 
37 



:i 



$74,600 00 
28,933 24 
29,460 47- 



174,080 00 
400,142 35 
194,799 25 



290 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals, .... 2,823 $321,477 28 
Number of accounts opened during the previous year, . . 914 
Number of accounts closed during the previous year, . . 761 
Amount of the expenses of the corporation during the previous 

year, 5,057 22 

Amount of treasurer's bonds, , 5,000 00 

Date of examination by Commissioner, June 8. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 6s, 1881, 

City Bonds — 
City of Springfield, . * 



$241,000 

$7,000 



$264,810 00 



$7,500 00 



$245,800 00 



$7,000 00 



Bank Stock. 



Pynchon Nat'l Bank, Springfield, 
Agawam Nat'l Bank, Springfield, 
Chicopee Nat'l Bank, Springfield, 
Ware Nat'l Bank, Ware, 
City Nat'l Bank, Worcester, . 
John Hancock Nat'l B'k, Springfield 
Second Nat'l Bank, Springfield, 
First Nat'l Bank, Chicopee, 
Hadley Falls Nat'l Bank, Holyoke, 
Monson Nat'l Bank, Monson, . 




$16,900 00 
12,000 00 
10,850 00 

8,750 00 

7,000 

6,600 

8,400 

5,700 

2,250 

1,500 



00 
00 
00 
00 
00 
00 



$10,900 00 
10,000 00 
7,000 00 
7,000 
5,600 
5,500 
4,800 
3,800 
1,500 
1,000 



00 
00 
00 
00 
00 
00 
00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



291 



SPRINGFIELD INSTITUTION FOB SAYINGS — SPRINGFIELD. 

Incorporated 1827. Number of corporators, 73. 

James M. Thompson, President. Treasurer, Henry S. Lee. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$6,408,987 11 


Public funds, .... 


$1,803,000 00 


Earnings, undi- 




Loans on public funds, . 


25,300 00 


vided, 


28,202 20 


Bank stock, .... 


618,400 00 


Guarantee fund, 


20,000 00 


Loans on bank stock, 


100.450 00 






Railroad bonds, 


208,000 00 






Loans on railroad bonds, 


3,000 00 






Real estate, .... 


105,000 00 






Real estate by foreclosure, 


78,450 00 






Loans on real estate, 


2,786,500 00 






Loans on personal security, . 


115,500 00 






Loans on railroad stock, . 


34,150 00 






Loans to counties, cities, or 








towns, 


430,100 00 






Deposits in banks on interest, 


106,000 00 






Cash on hand, .... 


43,339 31 




$6,457,189 31 


$6,457,189 31 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $32,150, 

Loans on Bank Stock — amount on each : 
On 147 shares First National Bank, Springfield, 
On 191 shares Second National Bank, Springfield, . 
On 80 shares Third National Bank, Springfield, 
On 268 shares Chicopee National Bank, Springfield, 
On 89 shares Pynchon National Bank, Springfield . 
On 68 shares Agawam National Bank, Springfield, . 
On 18 shares John Hancock National Bank, Springfield, 
On 70 shares Holyoke National Bank, Holyoke, 
On 8 shares Hadley Falls National Bank, Holyoke, 
On ] 5 shares First National Bank, Easthampton, 
On 11 shares Ware National Bank, Ware, 
On 10 shares Hampshire Co. National Bank, Northampton, 
On 10 shares First National Bank, Amherst, . 
On 30 shares Eagle National Bank, Boston, 
On 25 shares Lee National Bank, Lee,. 

Loans on Railroad Bonds — amount on each : 
On Boston and Albany 7s, par value, $3,000 . 



Amount invested in real estate, .... 
Assessed value of real estate, .... 
Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$25,300 00 



$14,200 00 

18,700 00 

8,200 00 

28,200 00 

7,100 00 

7,450 00 

1,650 00 

7,000 00 

800 00 

1,400 00 

1,100 00 

1,000 00 

900 00 

1,000 00 

1,750 00 



$3,000 00 

$105,000 00 
77,000 00 
78,450 00 
76,400 00 



292 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Cash on deposit in Banks : 
Franklin Co. National Bank, GreenfleM, . 
Holyoke National Bank, Holyoke, , , 
First National Bank, Springfield, 
Second National Bank, Springfield, . 
Third National Bank, Springfield, , 
Chicopee National Bank, Springfield, 
Pynchon National Bank, Springfield, 
Chapin Banking and Trust Company, Springfield, 
Blackstone National Bank, Boston, . 
Agawam National Bank, Springfield, 



Whole amount of interest or profits received or earned, 
Kate and amount of each semi-annual dividend } 2% per cent 

for the previous year, \ 2% per cent 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 

$39,000, 4 per cent. ; $29,000, 5 per cent. ; $84,500, 5i per cent. ; 

$168,700, 6 per cent. ; $3,003,800, 6£ per cent. ; $170,000, 7 per 

cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 866 

Aggregate amount of the same, 

Number of open accounts, 15,939 

Number and am't of deposits received for the previous year, 12,370 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . 1,082 

Number and amount of withdrawals, 13,055 

Number of accounts opened during the previous year, . 2,630 

Number of accounts closed during the previous year, . 2,666 

Amount of the expenses of the corporation during the previous 



$30,000 00 

30,000 00 

5,500 00 

6,113 18 

31,000 00 

12,062 92 

9,549 72 

3,599 22 

9,320 68 

3,000 00 

S410,463 01 
( 153,106 50 
1 152,425 85 



year, 



Amount of treasurer's bonds, . . . . 
Date of examination by Commissioner, June 7. 

Public Funds. 



1,145,050 00 

1,279,805 12 

725,254 00 
1,499,711 20 



14,344 84 
30,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 4£ per cent., . 


$25,000 


126,125 00 


$25,000 00 


" " " 10-40s, . 


50,000 


53,750 00 


50,000 00 


" " " 6 per cent., '81, 


728,800 


781,587 00 


759,800 00 


" " " 5 " '81, 


200,000 


213,000 00 


206,000 00 


State Bonds — 








State of Maine 6s, . 


148,500 


$53,350 00 


$51,500 00 


of New Hampshire 6s, . 


82,000 


90,200 00 


87,500 00 


of Rhode Island 6s, 


3,000 


3,150 00 


3,000 00 


of Connecticut 6s, . 


1,000 


1,050 00 


1,000' 00 


of Massachusetts, . 


5,000 


5,500 00 


5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



293 



Public Funds — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City and Town Bonds — 








City of New Haven, Conn., 7s, 


$22,000 


$24,860 00 


$23,000 00 


of Hartford, Conn., 6s, 


63,000 


68,670 00 


64,000 00 


of New Haven, Conn., 


, . 


4,200 


4,410 00 


4,200 00 


of Middletown, Conn., 6s, 




7,000 


7,210 00 


7,000 00 


of Meriden, Conn., 6s, 




5,000 


5,250 00 


5,000 00 


of Waterbury, Conn , 7s, 




14,000 


15,400 00 


14,000 00 


of Springfield 6s, 




38,000 


40,660 00 


38,000 00 


of Springfield 7s, 






149,000 


171,350 00 


149,000 00 


of Worcester 6s, 






25,000 


27,000 00 


26,000 00 


of Cambridge 6s, 






35,000 


37,450 00 


35,000 00 


of Chelsea 6s, . 






25,000 


26,750 00 


25,000 00 


of Lynn 6s, 






10,000 


10,700 00 


10,000 00 


of New Bedford, 






56,000 


64,040 00 


61,000 00 


Town of Brookline 7s, 






10,000 


11,300 00 


10,000 00 


City of Lawrence 6s, 






10,000 


10,800 00 


10,000 00 


of Taunton 6s, . 






20,000 


22,000 00 


21,000 00 


of Holyoke 6s, . 






25,000 


26,750 00 


25,000 00 


of Boston, 






30,000 


33,000 00 


32,000 00 


of Newburyport, 






5,000 


5,250 00 


5,000 00 


Town of Greenfield, 






50,000 


50,000 00 


50,000 00 



Bajstk Stock. 



Chapin Banking and Trust Company 

Springfield, .... 
First Nat'l Bank, Springfield, . 
Second Nat'l Bank, Springfield, 
Third Nat'l Bank, Springfield, 
Chicopee Nat'l Bank, Springfield, 
Pynchon Nat'l Bank, Springfield, 
Agawam Nat'l Bank, Springfield, 
John Hancock Nat'l B'k, Springfield 
First Nat'l Bank, Chicopee, 
Hadley Falls Nat'l Bank, Holyoke, 
Northampton Nat'l B'k, Northam'n, 
Hampshire Co. Nat'l B'k, Northam'n, 
Hampden Nat'l Bank Westfield, 
Ware Nat'l Bank, Ware, 
Monson Nat'l Bank, Monson, 
First Nat'l Bank, Adams, 
Palmer Nat'l Bank, Palmer, 
First Nat'l Bank, Leominster, 
Wachusett Nat'l B'k, Fitchb'g (new,) 
State Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
City Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, 



$12,500 

41,000 

26,900 

32,200 

42,200 

22,600 

22,500 

8,400 

20,500 

2,600 

1,000 

2,000 

2,500 

2,200 

900 

500 

5,000 

10,000 

5,000 

10,000 

10,000 

15,000 

15,000 

10,000 

15,000 

7,500 



$15,000 


00 


53,300 


00 


45,730 


00 


51,520 


00 


65,410 


00 


36,160 


00 


27,000 


00 


10,080 00 


30,750 


00 


3,588 


00 


1,000 


00 


2,200 


00 


3,750 


00 


2,760 


00 


1,125 


00 


625 


00 


5,000 


00 


11,000 


00 


5,000 00 


10,800 00 


11,800 


00 


17,700 00 


17,550 


00 


11,500 


00 


16,500 00 


9,975 


00 



$12,500 00 
50,700 00 
32,500 00 
46,300 00 
50,200 00 
28,100 00 
22,500 00 

8,400 
24,500 

2,600 

1,000 

2,000 

2,500 

2,200 
900 
500 

5,000 
10,000 00 

5,000 00 
10,000 00 
10,000 00 
15,000 00 
15,000 00 
10,000 00 
15,000 00 

7,500 00 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



294 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


No. America Nat'! Bank, Boston, . 


$15,000 


$16,200 00 


$15,000 00 


Old Boston N"at'l Bank, Boston, 


7,000 


8,400 00 


7,000 00 


Second Nat'I Bank, Boston, 


17,700 


24,780 00 


17,700 00 


Commerce N"at'l Bank, Boston, 


10,000 


10,600 00 


10,000 00 


Exchange Nat'I Bank, Boston, 


2,000 


3,300 00 


2,000 00 


Merchants' Nat'I Bank, Boston, 


15,500 


20,615 00 


15,500 00 


Atlas Nat'I Bank, Boston, 


22,500 


25,875 00 


22,500 00 


Howard Nat'I Bank, Boston, . 


13,300 


14,896 00 


13,300 00 


Washington Nat'I Bank, Boston, 


3,000 


3,930 00 


3,000 00 


Eliot Nat'I Bank, Boston, 


5,000 


5,400 00 


5,000 00 


Eagle N"at'l Bank, Boston, 


5,000 


5,400 00 


5,000 00 


Blackstone Nat'I Bank, Boston, 


20,000 


21,400 00 


20,000 00 


Columbian Nat'I Bank, Boston, 


8,700 


12,180 00 


8,700 00 


Webster Nat'I Bank, Boston, . 


7,500 


7,500 00 


7,500 00 


Union Nat'I Bank, Boston, 


4,300 


5,848 00 


4,300 00 


Revere Nat'I Bank, Boston, 


26,000 


28,340 00 


26,000 00 


First Nat'I Bank, Boston, 


5,000 


9,250 00 


5,000 00 


Freeman's Nat'I Bank, Boston, 


11,300 


12,204 00 


11,300 00 


Redemption Nat'I Bank, Boston, 


16,500 


21,450 00 


16,500 00 


Commonwealth Nat'I Bank, Boston, 


2,000 


2,100 00 


2,000 00 


Suffolk Nat'I Bank, Boston, . 


8,700 


10,527 00 


8,700 00 


Mount Vernon N"at'l Bank, Boston, . 


2,500 


2,900 00 


2,500 00 



Railroad Boxds. 



Boston and Albany R.R. bonds, 6s, . 
Boston and Albany R.R. bonds, 7s, . 



$143,000 
61,000 



$150,150 00 
68,930 00 



$143,000 00 
65,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



295 



SPENCER SAYINGS BANK — SPENCER 

Incorporated April, 1871. Number of corporators, 26. 
Ekastus Jones, President. Treasurer, W. L. Demond. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$193,249 24 

2,611 72 

425 00 



$196,285 96 



Public funds, 
Bank stock, 
Railroad bonds, 
Loans on real estate, 
Loans on personal security, 
Loans to counties, cities, 

towns, .... 
Expense account, 
Cash on hand, . 



or 



$9,250 00 

30,757 87 

5,043 75 

101,910 00 

32,600 00 

16,500 00 

178 25 

46 09 

$196,285 96 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2|- per cent., 

for the previous year, y 2-£ per cent., 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$27,000, 5£ per cent. ; $5,000, 6 per cent. ; $102,510, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 81 

Aggregate amount of the same, . 

Number of open accounts, . . . . . . . 724 

Number and am't of deposits received for the previous year, . 770 

'Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 54 

Number and amount of withdrawals, 354 

Number of accounts opened during the previous year, . . 259 
Number of accounts closed during the previous year, . . 68 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, . . 

Date of examination by Commissioner, June 18. 



^9,984 92 
3,579 20 
4,039 72 



74,710 00 

64,119 30 

25,203 00 
36,696 54 



650 00 
20,000 00 



Public Funds. 



City and Town Bonds 
City of Springfield, . 
of Belfast, Me., 
of Bangor, Me., 
Town of Northampton, 



Par Value. 



$2,000 
3,000 
3,000 
1,000 



Estimated 
Market Value. 



$2,220 00 
3,030 00 
3,360 00 
1,075 00 



Amount Invested. 



$2,100 00 

3,075 00 

3,150 00 

925 00 



296 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Leicester Nat'l Bank, Leicester, 
Commonwealth Nat'l Bank, Boston 
State Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
North Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
Central Nat'l Bank, Worcester, 
First Nat'l Bank, Worcester, . 
Webster Nat'l Bank, Boston, . 
Spencer Nat'l Bank, Spencer, . 
Mechanics' Nat'l Bank, Worcester, 
First Nat'l Bank, Webster, 



$1,400 

5,600 

1,500 

300 

• 2,000 

600 

500 

1,200 

1,100 

7,500 

2,500 

2,500 



$1,568 00 


5,992 


00 


1,620 


00 


336 


00 


2,341 


00 


781 


50 


675 


00 


1,800 00 


1,111 


00 


7,875 00 


3,200 


00 


2,625 


00 



$1,610 00 
6,764 13 
1,652 12 

348 
2,435 

900 

775 
1,920 
1,153 
7,500 
3,200 
2,500 



00 
00 
00 
00 
00 
62 
00 
00 
00 



Railroad Bonds. 



Eastern Railroad bonds, . 




$5,043 75 



1878.] 



PUBLIC DOCUMENT — No. 8. 



297 



STONEHAM FIVE CENTS SAVINGS BANK — STONEHAM. 

Incorporated 1855. Number of corporators, 51. 

Lyman Dike, President. Treasurer, Onslow Gilmore. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Surplus fund, . 


$362,893 96 

11,460 08 

1,729 47 

1,117 55 


Public, frinds, .... 

Bank stock, .... 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, . 

Railroad stock, 

Loans to counties, cities, or 

Deposit in banks on interest, . 
Cash on band, .... 


$85,500 00 

12,000 00 

1,378 00 

236,200 29 

3,125 00 

*5,000 00 

20,000 00 

13,969 23 

28 54 




$377,201 06 


$377,201 06 



Cash on deposit in Banks : 
Blackstone National Bank, Boston, 



. $13,969 23 



Whole amount of interest or profits received or earned, 

Hate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, \ 2-£ per cent., 

Times for the dividends fixed by the by-laws : May and November. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 6£ per cent. 
The total amount of loans with each specified rate of interest: 
$3,000, 4 per cent. ; $5,000, 5 per cent. ; $12,000, 6£ per cent. ; 
$239,325.29, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 251 

Aggregate amount of the same, . .... 

Number of open accounts, ( 1,507 

Number and am't of deposits received for the previous year, 1,706 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 64 

Number and amount of withdrawals, 979 

Number of accounts opened during the previous year, . . 262 
Number of accounts closed during the previous year, . . 183 
Amount of the expenses of the corporation during the previous 



$23,192 89 
8,313 81 
8,469 37 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 16. 



$178,000 29 

102,087 83 

36,615 04 
76,951 18 



1,200 00 
50,000 00 



* Taken to secure indebtedness to the bank. 



38 



298 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 10-40s, . 


$4,500 


$4,860 00 


$4,185 00 


City and Town Bonds — 








City of Somerville, .... 


$20,000 


$22,200 00 


$20,200 00 


of Fall River, 








8,000 


8,800 00 


8,796 00 


of Worcester, 








5,000 


5,500 00 


4,792 50 


of Haverhill, 








5,000 


5,500 00 


5,500 00 


Town of Danvers, 








25,000 


25,500 00 


25,000 00 


of Woburn, 








8,000 


8,800 00 


7,840 00 


of Arlington, . 








10,000 


11,000 00 


11,000 00 



Bank Stock. 



Howard Nat'l Bank, Boston, . 


$2,400 


$2,700 00 


$2,718 25 


Continental Nat'l Bank, Boston, 


3,000 


3,000 00 


3,382 50 


Webster Xat'l Bank, Boston, . 


1,500 


1,500 00 


1,636 50 


State Nat'l Bank, Boston, 


1,500 


1,620 00 


1,620 00 


Nat'l City Bank, Boston, 


1,100 


1,248 00 


1.268 00 


Hide and Leather Nat'lB'k, Boston, 


2,500 


2,762 00 


2,879 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



299 



STOCKBRIDGE SAVINGS BANK — STOCKBRIDGE. 

Incorporated 1871. Number of corporators, 16. 

Mason Van Deusen, President. Treasurer, C. H. Willis. 

Statement. 



Liabilities. 


Assets. ' 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$55,603 91 
414 48 
139 18 


Public funds, .... 
Loans on public funds, . 
Bank stock, .... 
Loans on real estate, 
Loans on personal security, . 
Cash on band, .... 




$7,095 00 

200 00 

2,970 00 

40,460 50 

4,525 00 

907 07 




$56,157 57 


$56,157 57 



Loans on Public Funds — amount on each : 
On United States bonds, par value, 



$200 00 



Cash on deposit in Banks : 
Housatonic National Bank, Stockbridge, 
Pittsfield National Bank, Pittsfield, . 



$858 16 
64 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, \ 2-J per cent., 

Times for the dividends fixed by the by-laws : first Thursday of 

April and October. 
The total amount of loans with each specified rate of interest: 

$45, 185. 50, lj\ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 95 

Aggregate amount of the same, 

Number of open accounts, 191 

Number and am't of deposits received for the previous year, . 145 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 21 

Number and amount of withdrawals, 156 

Number of accounts opened during the previous year, . . 49 
Number of accounts closed during the previous year, . . 43 
Amount of the expenses of the corporation during the previous 



:{ 



year, 



$4,014 96 
1,253 90 
1,292 10 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 6. 



45,185 50 

19,071 67 

13,598 00 
20,515 98 



425 00 
15,000 00 



300 BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Town Bonds — 
Town of Stockbridge, 
of Adams, 



£5,500 $5,500 00 
2,000 2,000 00 



$5,275 00 
1,820 00 



Bank Stock. 



First Nat'l Bank, Adams, 



$2,500 



$3,125 00 



$2,970 00 



SUFFOLK SAVINGS BANK FOR SEAMEN AND OTHERS — BOSTON. 

Incorporated 1833. Number of corporators, 167. 
Thomas Lamb, President. Treasurer, Charles Hexet Pabker. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$10,294,932 78 


Public funds, .... 


$1,169,000 00 


Earnings, undi- 




Loans on public funds, . 


418,000 00 


vided, 


331,268 58 


Bank stock, .... 


455,125 00 


Guarantee fund, 


36,862 40 


Loans on bank stock, 


2,000 00 






Railroad bonds and note, 


250,000 00 






Real estate, .... 


200,000 00 






Real estate by foreclosure, 


49,096 54 




• 


Loans on real estate, 


4,800,190 75 






Loans on personal security, . 


2,671,500 00 






Deposits in banks on interest, 


598,947 53 






Deposits in banks not on in- 










30,066 77 






Expense account, 


2,010 02 






Cash on hand, . . . . 


17,127 15 




$10,663,063 76 


310,663,063 76 



Loans on Public Funds — amount on each : 

On $50,000, U. S. registered 6s of 1865, . . . . . . $50,000 00 

On $75,000, U. S. coupon 6s of 1867, . 75,000 00 

On $175,000, U. S. registered 6s of 1867, 175,000 00 

On $100,000, U. S. coupon 4£s, 100,000 00 

On $6,000, City of Chelsea bonds; $6,000, City of Fall River, . 12,000 00 

On $6,000, U. S. coupon 6s of 1881, 6,000 00 

Loans on Bank Stock : 

On 25 shares of Mechanics' National Bank, Boston, . . . $2,000.00 

Amount invested in real estate, . . . . - . . . . $200,000 00 

Estimated market value of real estate, 175,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



301 



Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$49,090 54 
50,000 00 



Cash on deposit in Banks : 

New England National Bank, Boston, $101,757 52 

Columbian National Bank, Boston, 18,309 25 

Merchandise National Bank, Boston, 152,578 64 

Merchants' National Bank, Boston, 150,208 33 

Exchange National Bai}k, Boston, 206,160 56 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2£ per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 7 per cent. 
The total amount of loans with each specified rate of interest: 
$30,000, 3£ per cent. ; $440,000, 4 per cent. ; $12,000, 4| per cent. ; 
$1,810,000, 5 per cent. ; $547,500, 5£ per cent. ; $2,727,550, 6 per 
cent. ; $467,500, 6£ per cent. ; $1,857,140.75, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 35 

Aggregate amount of the same, 

Number of open accounts, 23,973 

Number and am't of deposits received for the previous year, 17,273 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . 2,136 
Number and amount of withdrawals, .... 15,800 
Number of accounts opened during the previous year, . 4,313 
Number of accounts closed during the previous year, . 2,488 
Amount of the expenses of the corporation during the previous 



$583,329 94 
J 215,918 49 
( 231,544 43 



year, 



Amount of treasurer's bonds, ..... 
Date of examination by Commissioner, December 26. 



85,516 00 

2,150,813 00 

1,241,889 00 
1,571,423 49 



22,119 65 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4|- per cent., . 
6s of 1867, . 
" " " 6s of 1881, 

" " 5s of 1881, . 

City Bonds — 
City of Boston 5s of 1878, 

of Worcester 6s of 1885, . 

of New Bedford 6s of 1897, 

of Manchester, N.H., 5s of '82, 


$300,000 
300,000 
170,000 
300,000 

$50,000 
20,000 
10,000 
19,000 


$315,000 00 
325,125 00 

188,062 50 
323,250 00 

$50,750 00 
21,300 00 
11,125 00 
19.000 00 


$300,000 00 
300,000 00 
170,000 00 
300,000 00 

$50,000 00 
20,000 00 
10,000 00 
19,000 00 



302 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Market Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Washington Nat'l Bank, Boston, 
Hamilton JSTat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston, 
Bay State Nat'l Bank, Lawrence, 
Shawmut Nat'l Bank, Boston, . 
City Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Union Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Columbian Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
Railroad Nat'l Bank, Lowell, . 
New England Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 



$15,000 
62,400 
15,000 
15,000 
11,700 
10,000 
.40,000 
13,125 
13,300 
15,000 
20,000 

5,000 
10,000 
53,200 
49,200 

5,000 
50,000 

5,000 

1,100 
36,100 
10,000 



$15,975 00 
72,072 00 
19,687 50 
17,737 50 
12,723 75 
11,850 00 
43,600 00 
17,893 75 
15,694 00 
17,287 50 
21,200 00 

5,600 00 
13,600 00 
71,221 50 
69,126 00 

5,500 00 
51,125 00 

5,762 50 

1,476 75 
38,988 00 
10,975 00 



$15,000 00 
62,400 00 
15,000 00 
15,000 00 
11,700 00 
10,000 00 
40,000 00 
13,125 00 
13,300 00 
15,000 00 
20,000 00 

5,000 00 
10,000 00 
53,200 00 
49,200 00 

5,000 00 
50,000 00 

5,000 00 

1,100 00 
36,100 00 
10,000 00 



Railroad Bonds. 



Old Colony and Newport R.R. bonds, 
6s, $200,000, .... 

Portland, Saco and Portsmouth R.R. 
note, . . . . ..'-. 



$200,000 
50,000 



$205,000 00 
50,000 00 



$200,000 00 
50,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



303 



TAUNTON SAVINGS BANK — TAUNTON.* 

Incorporated 1869. Number of corporators, 107. 

Georg^e M. Woodward, President. Treasurer, Henry R. Wood. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,366,276 57 


Loans on public funds, . 


$700 00 


Earnings, undi- 




Bank stock, .... 


79,208 12 


vided, 


40,238 73 


Loans on bank stock, 


1.000 00 


Guarantee fund, 


4,000 00 


Railroad bonds, 


20,000 00 


Premium acc't, . 


511 25 


Real estate bv foreclosure, 


150,344 53 


Suspense acc't, . 


315 60 


Loans on real estate, 


869,166 94 


Surplus account, 


14,942 50 


Loans on personal security, . 


285,680 00 






Loans on railroad stock, . 


200 00 






Expense account, 


1,248 35 






Furniture, 


3,173 89 






Profit and loss, .... 


2,769 04 






Cash on band, .... 


12,793 78 




$1,426,284 65 


$1,426,284 65 



Loan on Public Funds — amount on eacb: 
On United States Bonds, par value, $700, . 

Loans on Bank Stock — amount on eacb : 
On 7 shares Bristol Co. National Bank, Taunton, 
On 1 share Taunton National Bank, Taunton, 



$700 00 



$900 00 
100 00 



Loans on Railroad Stock — amount on each 
On 2 shares Boston and Providence Railroad, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



• $200 00 

$150,344 53 
140,000 00 



$9,861 65 



:} 



,747 77 
39,123 85 
29,575 09 



Cash on deposit in Banks : 
Taunton National Bank, Taunton, . . . . * 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, .... ) 2 per cent., 
Times for the dividends fixed by the by-laws : January and July 
The total amount of loans with each specified rate of interest: 
$5,500, 5 per cent. ; $187,500, 6 per cent. ; $475,331.20, 6£ per 
cent. ; $336,067.71, 7 per cent. ; $68,477.14, 7* per cent. ; $77,470.89, 
8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 351 

jregate amount of the same, 264,909 36 

3,833 

1,502 111,030 69 



Number of open accounts, 

Number and am't of deposits received for the previous year, 



* Temporarily enjoined by a decree of the Supreme Judicial Court, December 24, 1877. 



304 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 86 
Number and amount of withdrawals, .... 2,956 
Number of accounts opened during the previous year, . . 290 
Number of accounts closed during the previous year, . . 657 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, September 3. 



$53,084 00 
415,670 23 



3,894 78 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Merchants' Nat'l B'k, New Bedford, 


$20,000 


$28,800 00 


$27,200 00 


First Nat'l Bank, New Bedford, 


1,700 


1,831 00 


2,211 01 


Commerce Nat'l B'k, New Bedford, 


10,200 


10,659 00 


12,311 00 


Atlas Nat'l Bank, Boston, 


5,500 


6,325 00 


6,208 61 


City Nat'l Bank, Boston, . 


10,000 


11,500 00 


11,362 50 


Taunton Nat'l Bank, Taunton, 


10,900 


16,350 00 


14,250 00 


Bristol Co. Nat'l Bank, Taunton, 


3,400 


5,780 00 


4,405 00 


Machinists' Nat'l Bank, Taunton, . 


900 


1,575 00 


1,260 00 



Railroad Bonds. 



Cape Cod Railroad bonds, 7s, 




$21,000 00 



$20,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



305 



TEMPLETON SAVINGS BANK — BALD WINVILLE, TEMPLETON. 

Incorporated April 19, 1871. Number of corporators, 40. 

Charles A. Perley, President. Treasurer, Otis D. Sawln - . 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$01,031 92 

99 74 
288 18 


Bank stock, . 
Loans on bank stock, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Cash on band, . . 


$3,000 00 

1,700 00 

41,035 00 

13,129 00 

1.500 00 
1,055 84 




$61,419 84 


$61,419 84 



Loans on Bank Stock — amount on each: 
On 7 shares Gardner National Bank, Gardner, 
On 10 shares First National Bank, Winchendon, 



$700 00 
1,000 00 



Whole amount of interest or profits received or earned, . . . $3,694 08 
Bate and amount of each semi-annual dividend ) 2| per cent., . r 1,603 68 

for the previous year, \ 2|- per cent., . ( 1,396 89 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$1,900, 6 per cent. ; $55,464, 6| per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, - 108 

Aggregate amount of the same, 57,364 00 

Number of open accounts, 273 

Number and am't of deposits received for the previous year, . 129 11,346 71 
Number and amount of deposits of, and exceeding; three hundred 

dollars at any one time for the previous year, ... 6 2,910 87 
Number and amount of withdrawals, . . . . 101 7,522 16 

Number of accounts opened during the previous year, . .37 
Number of accounts closed during the previous year, . . 30 
Amount of the expenses of the corporation during the previous 

year, 201 90 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, June 4. 



Bank Stock. 



Orange Nat'l Bank, Orange, . 



Par Value. 



Estimated 
Market Value. 



$3,000 



1,180 00 



Amount Invested. 



$3,000 00 



39 



306 



BANK COMMISSIONERS' REPORT. 



[Jan. 



UNION INSTITUTION FOR SAVINGS IN THE CITY OF BOSTON — 

BOSTON. 

Incorporated February 11, 1865. Number of corporators, 40. 

John C. Crowley, President. Treasurer, George F. Emery. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$3,815,217 63 


Public funds, .... 


$725,758 00 


Earnings, undi- 




Loans on public funds, 


1,000 00 


vided, 


37,914 66 


Railroad bonds, . . 


50,000 00 


Guarantee fund, 


15,000 00 


Real estate, .... 


278,601 06 


Other liabilities, 


1,365 17 


Real estate bv foreclosure, 


244,552 95 






Loans on real estate, 


2,283,397 95 






Loans on personal security, 








with collateral, 


177,042 00 






Deposit, in banks on interest, . 


100,548 43 


4 




Suspense, 


18 45 






Cash on hand, .... 


8,578 62 




$3,869,497 46 


$3,869,497 46 



Loans on Public Funds — amount on each 
On United States bonds, par value, $1,000, 



$1,000 00 



Amount invested in real estate, $278,601 06 

Estimated value of real estate, 278,000 00 

Amount of real estate held by foreclosure, 244,552 95 

Estimated value of real estate held by foreclosure, . . . . 250,300 00 



Cash on deposit in Banks : 
National Bank of Commerce, Boston, 



$100,548 43 



:{ 



$303,507 40 
96,019 91 
93,677 71 



Whole amount of interest or profits received or earned, . . . 
Bate and amount of each semi-annual dividend ") 2-| per cent., 
for the previous year, . . . . ) 2£ per cent., 

Times for the dividends fixed by the by-laws : third Wednesday of 

May and November. 
The total amount of loans with each specified rate of interest: 
$775,192, 6 per cent. ; $S,000, G£ per cent. ; $829,962.95, 7 per cent. ; 
$14,400, 7 T 3 o per cent. ; $230,000, 7£ per cent. ; $603,885, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 579 

Aggregate amount of the same, 788,572 00 

Number of open accounts, 9,243 

Number and am't of deposits received for the previous year, 7,749 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 457 
Number and amount of withdrawals, .... 10,073 
Number of accounts opened during the previous year, . 1,239 

Number of accounts closed during the previous year, . 1,593 



772,064 8g 

258,114 82 
948,521 65 



1878.] 



•PUBLIC DOCUMENT — No. 8. 



307 



Amount of the expenses of the corporation during the previous 

year, . $12,704 58 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, December 12. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 10-40s, . 


$125,000 


$135,312 50 


$147,531 75 


u a. u 4.1q 


50,000 


52,562 50 


54,312 50 


City and Town Bonds — 








City of Boston 5s, gold, . 


$150,000 


$164,250 00 


$168,375' 00 


of Boston 5 per cent, reg'd, 


75,000 


81,370 00 


83,437 50 


of Boston 6s, currency, 


24,000 


24,960 00 


23,751 25 


of Providence 5s, gold, 


100,000 


106,500 00 


108,250 00 


of Providence 5s, reg'd, . 


60,000 


63,900 00 


65,100 00 


of Lowell 6s, currency, 


50,000 


55,000 00 


50,000 00 


of Cambridge 5s, . 


5,000 


5,050 00 


5,000 00 


Town of Medford 6s, 


20,000 


21,800 00 


20,000 00 



Bank Stock. 



Boston & Providence, R.R. bonds, 7s, 



$50,000 



$58,000 00 



50,000 00 



308 



BANK COMMISSIONERS' REPORT. 



[Jan. 



UNION SAVINGS BANK — FALL RIVER. 
Incorporated April, 1869. Number of corporators, 31. . 
Augustus Chace, President. Treasurer, D. A. Chapin. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$644,696 74 

26,687 84 

1,800 00 


Public funds, 

Bank stock, .... 
Real estate, .... 
Loans on real estate, 
Loans on personal security, . 
Cash on hand, .... 


$10,000 00 

36,575 00 

38,000 00 

328,954 00 

255,785 00 

3,870 58 




$673,184 58 


$673,184 58 



Amount invested in real estate, 
Estimated value of real estate, 



$38,000 00 
40,000 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, ) 2-J per cent., 

Times for the dividends fixed by the by-laws : May 15 and Novem- 
ber 15. 
The total amount of loans with each specified rate of interest: 

$584,739, 6 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . . 136 

Aggregate amount of the same, . . . . . 

Number of open accounts, 1,384 

Number and am't of deposits received for the previous year, 1,268 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, ... 78 
Number and amount of withdrawals, ... . . 1,274 
Number of accounts opened during the previous year, . . 258 
Number of accounts closed during the previous year, . . 240 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . 

Date of examination by Commissioner, September 27. 



:'{ 



>39,938 98 
15,926 01 
15,212 97 



175,389 00 

133,253 27 

47,496 36 
121,226 23 



1,600 00 
25,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Fall Paver, . 



$10,000 



$10,000 00 



$10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



309 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Nat'l Union Bank, Fall River, 
Metacomet Nat'l Bank, Fall River, 
Pocasset lSTat'1 Bank, Fall River, 



$17,400 

11,400 

2,500 



$20,010 00 

15,162 00 

3,500 00 



$19,140 00 

14,385 00 

3,050 00 



UXBRIDGE SAVINGS BANK- UXBRIDGE. 

Incorporated June 3, 1870. Number of corporators, 63. 
Moses Taft, President. Treasurer, C. A. Taft. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$328,519 54 

5,271 47 

840 00 


Bank stock, 

lieal estate, 

Loans on real estate, 

Loans on personal security, 

Loans to banks on interest, 

Expense account, 

Protit and loss, -. 




$127,281 45 

19,380 48 

13(5,417 00 

34,548 00 

7,201 06 

6,953 02 

2,850 00 




$334,631 01 






$334,631 01 



;{ 



$7,201 06 

$17,428 75 
7,735 84 
7,867 54 



Amount of real estate held by foreclosure, . . . . $19,380 48 

Estimated value of real estate held by foreclosure, .... 22,000 00 

Cash on deposit in Banks : 
Blackstone National Bank, Uxbridge, . . . 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-£ per cent., 
for the previous year, . , . . . ) 2-j per cent., 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 7 per cent. 
The total amount of loans with each specified rate of interest: 

$140,455, 7 per cent. ; $29,020, 7£ per cent. ; $1,490, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 104 

Aggregate amount of the same, 101,762 00 

Number of open accounts, 1,096 

Number and am't of deposits received for the previous year, . 616 57,578 48 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 34 17,626 50 

Number and amount of withdrawals, 432 51,405 49 

Number of accounts opened during the previous year, . . 115 



310 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts closed during the previous year, . ' . 107 
Amount of the expenses of the corporation during the previous 

year $825 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, March 24. 

Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Redemption Nat'l Bank, Boston, 


$4,000 


$5,240 00 


$5,610 00 


Suffolk Nat'l Bank, Boston, . - 


6,100 


7,381 00 


7,945 00 


Hide and Leather Nat'l B'k, Boston, 


13,000 


14,690 00 


15,259 12 


Revere Nat'l Bank, Boston, 


4,000 


4,360 00 


4,820 00 


Howard iSTat'l Bank, Boston, . 


11,200 


12,656 00 


12,919 00 


North Nat'l Bank, Boston, 


6,000 


7,0S0 00 


7,494 50 


Tremont Nat'l Bank, Boston, . 


5,800 


6,438 00 


7,280 00 


Eliot Nat'l Bank, Boston, 


11,000 


12,100 00 


13,148 75 


"Webster Nat'l Bank, Boston, . 


6,900 


7,038 00 


7,516 75 


State Nat'l Bank, Boston, 


7,800 


8,580 00 


8,974 75 


Mt. Vernon Nat'l Bank, Boston, 


1,800 


2,106 00 


2,223 75 


Atlas Nat'l Bank, Boston, 


3,300 


3,828 00 


4,134 25 


Eagle Nat'l Bank, Boston, 


3,000 


3,240 00 


3,777 75 


Blackstone Nat'l Bank, Uxbridge, . 


1,700 


2,210 00 


2,260 00 


Grafton Nat'l Bank, Grafton, . 


500 


540 00 


540 00 


First Nat'l Bank, Clinton, 


2,000 


2,480 00 


2,480 00 


"Wachusett Nat'l Bank, Fitchburg, . 


2,500 


2,550 00 


5,000 00 


Franklin Nat'l Bank, Franklin, 


5,400 


6,750 00 


6,490 00 


Central Nat'l Bank, Boston, . 


~ 2,000 


2,000 00 


2,000 00 


Millbury Nat'l Bank, Millbury, 


1,700 


2,006 00 


2,006 00 


Eleventh "Ward Nat'l Bank, Boston, 


1,400 


1,400 00 


2,399 33 


Manufacturers' Nat'l Bank, Boston, 


3,000 


3,000 00 


3,002 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



311 



WAKEFIELD SAVINGS BANK — WAKEFIELD. 

Incorporated 1869. Number of corporators, 55. 
James F. Emerson, President. Treasurer, Chester W. Eaton. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Guarantee fund, 



1,567 23 

196 78 



$81,764 01 



Railroad bonds, 
Real estate held by foreclosure, 
Loans on real estate, 
Loans on personal security, 
Loans to counties, cities, or 

towns, .... 
Expense account, 
Interest account, 
Real estate improvement or 

repairs, .... 
Cash on hand, . 



$6,140 00 
2,4X0 00 

51.242 55 
4,120 00 

13,015 00 

163 79 

1,108 26 

477 23 
3,017 18 



L,764 01 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . ' . 



*2,480 00 
3,100 00 



Cash on deposit in Banks : 
National Bank of South Reading, Wakefield, 



,971 26 



:{ 



Whole amount of interest or profits received or earned, . ■ . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, > 2£ per cent., 

Times for the dividends fixed by the by-laws : February and August. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6^- per cent. 
The total amount of loans with each specified rate of interest: 
$19,155, 6 per cent. ; $28,505, 7 per cent. ; $14,550, 1^ per cent. ; 
$13,937.55, 8 per cent. ; $500, 9 per cent. ; $350, 10 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 54 

Aggregate amount of the same, . 

Number of open accounts, 682 

Number and am't of deposits received for the previous year, . 823 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . .33 

Number and amount of withdrawals, 543 

Number of accounts opened during the previous year, . . 137 
Number of accounts closed during the previous year, . . 115 
Amount of the expenses of the corporation during the previous year, 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 15. 



^5,346 68 
1,749 55 
1,804 Q6 



55,492 55 

43,165 57 

24,246 30 
40,967 88 



737 13 

10,000 00 



312 



BANK COMMISSIONERS' REPORT. [Jan. 

Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Old Colony and Newport R.R. bonds, 
Boston and Albany Railroad bonds, . 


$4,000 
2,000 


$4,080 00 
2,060 00 


$4,080 00 
2,060 00 



WALES SAVINGS BANK — WALES. 

Incorporated 1870. Number of corporators, 76. 

Elijah Shaw, President, Treasurer, J. C. Burley. 



Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Interest, . 
Guarantee fund, 



§20,466 48 

949 62 

302 98 

80 00 



621,799 08 



Bank stock, 
Loans on real estate, 
Loans on personal security, 
Loans to counties, cities, or 

towns, 
Expense account, 
Taxes, 

Office furniture, 
Cash on hand, . 



§6,310 00 

12,790 00 

1,715 63 

298 60 

25 40 

89 28 

240 00 

330 17 



§21,799 08 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2^ per cent., . r 

for the previous year, ) 2-J per cent., . ( 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 

$14,804.23, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . ... . . .26 

Aggregate amount of the same, 

Number of open accounts, 132 

Number and am't of deposits received for the previous year, 254 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . None. 

Number and amount of withdrawals, 64 

Number of accounts opened during the previous year, . » 5 
Number of accounts closed during the previous year, . . 17 
Amount of the expenses of the corporation during the previous 

year, . 

Amount of treasurer's bonds, 

Date of examination by Commissioner, June 27. 



$1,752 56 
637 23 
613 89 



14,505 63 

1,299 60 

None. 
5,524 33 



60 00 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



313 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Southbridge Nat'lB'k, Southbridge, 


$700 


$924 00 


$875 00 


Continental Nat'l.Bank, Boston, 


1,000 


1,100 00 


1,185 00 


Hamilton Nat'l Bank, Boston, 


1,000 


1,250 00 


1,220 00 


Revere National Bank, Boston, 


2,000 


2,200 00 


2,405 00 


Monson Nat'l Bank, Monson, . 


500 


660 00 


625 00 



WALTHAM SAVINGS BANK — WALTHAM. 

Incorporated 1853. Number of corporators, 30. 

Horatio Moore, President. Treasurer, F. M. Stone. 

Statement. 



» Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undi- 
vided, 
Guarantee fund, 


$1,165,362 02 

17,192 72 
8,725 52 


Public funds, .... 
Bank stock, .... 
Railroad bonds, 
—Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Cash on hand, .... 


$15,000 00 

98,175 00 

59,900 00 

4,600 00 

799,889 56 
27,767 16 

155,000 00 
30,968 54 




$1,191,300 26 


$1,191,300 26 



Real estate held by foreclosure, $4,600 00 

Estimated value of real estate held by foreclosure, .... $4,500 00 

Cash on deposit in Banks : 

Waltham National Bank, Waltham, . $30,000 00 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2A per cent., 
for the previous year, . ... . . ) 2-J per cent., 

Times for the dividends fixed by the by-laws : second Wednesday 
of April and October. 

The total amount of loans "with each specified rate of interest: 
$10,000, 61 per cent. ; $817,656.72, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 246 

Aggregate amount of the same, 

Number of open accounts, 3,795 

Number and am't of deposits received for the previous year, 2,906 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 160 

Number and amount of withdrawals, .... 2,857 

Number of accounts opened during the previous year, . . 596 
40 



i 



$77,752 16 
28,224 57 
28,026 04 



302,498 00 

276,578 11 

95,734 23 
272,016 14 



314 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts closed during the previous year, . . 569 
Amount of the expenses of the corporation during the previous 

year, $3,400 00 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, October 17. 

Public Fuxds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 



$15,000 



$16,612 00 



$15,000 00 



Bank Stock. 



Revere Nat'l Bank, Boston, 


$5,000 


$5,540 00 


$5,000 00 


Mt. Vernon Nat'l Bank, Boston, 


5,000 


5,825 00 


5,000 00 


Third Nat'l Bank, Boston, 


2,500 


2,784 00 


2,500 00 


Boston Nat'l Bank, Boston, 


7,300 


8,340 00 


7,300 00 


Hide and Leather Nat'l Bank, Boston, 


3,000 


3,360 00 


3,000 00 


Market Nat'l Bank, Boston, . 


4,000 


4,260 00 


4,000 00 


Commerce Nat'l Bank, Boston, 


3,000 


3,180 00 


3,000 00 


Traders' Nat'l Bank, Boston, . 


6,000 


6,225 00 


6,000 00 


Suffolk Nat'l Bank, Boston, 


5,300 


■ 6,113 00 


5,300 00 


North Nat'l Bank, Boston, 


7,700 


9,066 00 


7,700 00 


Everett Nat'l Bank, Boston, . 


4,000 


4,360 00 


4,000 00 


Shavonut Nat'l Bank, Boston, 


5,000 


5,900 00 


5,000 00 


Central Nat'l Bank, Boston, . 


5,000 


4,850 00 


5,000 00 


Metropolitan Nat'l Bank, Boston, . 


5,000 


4,625 00 


5,000 00 


Waltham Nat'l Bank, Waltham, 


30,375 


41,310 00 


30,375 00 



RAILROAD BOXDS. 



Boston and Lowell Railroad bonds, 
Cheshire Railroad bonds, . 
Old Colony Railroad bonds, 
Boston and Maine Railroad bonds, 




$32,863 00 


15,600 00 


11,050 00 


5,510 00 



$30,500 00 

14,400 00 

10,000 00 

5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



315 



WARE SAVINGS BANK-WAEE, 

Incorporated March, 1850. Number of corporators, 46. 

"William Hyde, President. Treasurer, Otis Lane. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,598,755 95 


Public funds, .... 


$310,000 00 


Earnings, undi- 




Loans on public funds, . 


2,850 00 


vided, 


32,369 47 


Bank stock, .... 


293,500 00 


Guarantee fund, 


3,918 25 


Loans on bank stock, 


1,300 00 






Railroad bonds, 


238,000 00 






Loans on real estate, 


459,393 53 






Loans on personal security, . 


235,304 77 






Loans on railroad stock, . 


3,000 00 






Loans to counties, cities, or 








towns, 


68,100 00 






Expense account, 


1,091 79 






Deposit in bank, 


22,000 00 






Cash on hand, .... 


503 58 




$1,635,043 67 


$1,635,043 67 



Loans on Public Funds — amount on each : 
On United States bonds, par value, $2,900, 



$2,850 00 



Loans on Bank Stock — amount on each : 
On 21 shares Ware National Bank, Ware, 



$1,300 00 



Loans on Railroad Stock — amount on each 
On 45 shares Boston & Albany Railroad, . 

Cash on deposit in Banks : 
Ware National Bank, Ware, 



$3,000 00 



$22,000 00 



:{ 



$117,'465 45 
38,742 53 
38,264 55 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 1\ per cent., 
for the previous year, . . . . . \ 2-| per cent., 
Times for the dividends fixed by the by-laws : January 1 and July 1. 
The total amount of loans with each specified rate of interest: 

$751,948.30, 6 per cent. ; $18,000, 6£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 239 

Aggregate amount of the same, 250,530 30 

Number of open accounts, 3,640 

Number and am't of deposits received for the previous year, 1,452 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 153 
Number and amount of withdrawals, .'■'.'. . . 1,784 
Number of accounts opened during the previous year, . . 436 
Number of accounts closed during the previous year, . . 461 



243,045 67 

86,677 88 
223,511 67 



316 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of the expenses of the corporation during the previous 

year, $4,200 00 

Amount of treasurer's honds, 25,000 00 

Date of examination by Commissioner, June 28. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, currency 6s, . 

" " 6s, gold, 1881, 

" " " 4i per cent., . 

City Bonds — 
City of Springfield 6s, 



$50,000 

50,000 

200,000 



$10,000 



$54,935 00 

60,135 00 

209,750 00 



$10,600 00 



$50,000 00 

50,000 00 

200,000 00 



$10,000 00 



Bank Stock. 



Ware Nat'l Bank, AVare, . 
Monson Nat'l Bank, Monson, . 
City Nat'l Bank, Worcester, . 
Easthampton Nat'l B'k,Easthampt'n 
Leicester Nat'l Bank, Leicester, 
Boston Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
North America Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston, . 
Second Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Washington Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
State Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Union Nat'l Bank, Boston, 
Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Southbridge Nat'l B'k, Southbridge, 
Tremont Nat'l Bank, Boston, . 



$42,600 

4,700 

5,000 

15,000 

2,100 

20,000 

6,000 

12,100 

15,400 

15,000 

10,000 

10,000 

10,000 

15,000 

3,000 

10,000 

10,000 

20,000 

20,000 

14,000 

10,000 

2,600 

1,000 

10,000 

3,000 

1,500 

5,500 



^53,250 00 

6,345 00 

6,250 00 

18,375 00 

2,415 00 

22,500 00 

6,510 00 

13,128 00 

15,813 00 

21,000 00 

13,000 00 

11,800 00 

10,600 00 

19,500 00 

3,930 00 

18,500 00 

13,300 00 

21,800 00 

20,200 00 

15,200 00 

10,000 00 

3,476 00 

1,330 00 

11,500 00 

3,300 00 

1,875 00 

6,050 00 



00 
00 
00 
00 
00 
00 
00 
00 
00 



$42,600 

4,700 

5,000 
15,000 

2,100 
20,000 

6,000 
12,100 
15,400 
15,000 00 
10,000 00 
10,000 00 
10,000 00 
15,000 00 

3,000 00 
10,000 00 
10,000 00 
20,000 00 
20,000 00 
14,000 00 
10,000 00 

2,600 00 

1,000 00 
10,000 00 

3,000 00 

1,500 00 

5,500 00 



Railroad Bonds. 



Boston and Albany R.R. bonds, 6s, 
" " " " 7s, 

Boston and Maine Railroad bonds, 
Eastern Railroad bonds (new), 



$50,000 
60,000 
75,000 
53,000 



$53,000 00 
69,300 00 
82,500 00 
26,500 00 



$50,000 00 
60,000 00 
75,000 00 
53,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



317 



WAREHAM SAVINGS BANK - WAREHAM. 

Incorporated 1847. Number of corporators, 28. 

Gerard C. Tobey, President. Treasurer, Thos. R. Miles. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, . 
Earnings, undivided, 
Guarantee fund, 



$541,927 82 
14,240 63 
1,550 00 



Bank stock, 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, 

Expense account, 

Cash on hand, deposit in bank, 



$557,718 45 



$191,686 92 

1,350 00 

20,096 21 

296,930 00 

46,607 75 

791 71 

255 86 

$557,718 45 



Loans on Bank Stock — amount on each : 
On 12 shares Merchants' National Bank, New Bedford, 



$1,350 00 



Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 



$20,096 21 
20,096 21 



Cash on deposit in Banks : 
Wareham National Bank, Wareham, 



5255 86 



Whole amount of interest or profits received or earned, . . . $34,039 29 
Rate and amount of each semi-annual dividend ) 2-J per cent., . ( 14,591 47 

for the previous year, )2 percent., . ( 11,530 00 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$18,000, 5 per cent. ; $23,140, 6 per cent. ; $97,257.75, 7 per cent. ; 
$12,300, 7 t 3 q per cent ; $37,600, 7i per cent. ; $156,590, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . . . . .45 

Aggregate amount of the same, 46,330 00 

Number of open accounts, 1,543 

Number and am't of deposits received for the previous year, . 478 55,258 85 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 46 30,746 22 

Number and amount of withdrawals, 977 138,422 90 

Number of accounts opened during the previous year, . . 145 
Number of accounts closed during the previous year, . . 215 
Amount of the expenses of the corporation during the previous 

year, 1,744 15 

Amount of treasurer's bonds, 5,000 00 

Date of examination by Commissioner, August 8. 



318 



BANK COMMISSIONERS' REPORT. 

Baxk Stock. 



[Jan. 







Estimated 






Par Value. 






Amount Invested. 






Market Value. 




Eagle Xat'l Bank, Boston, 


$10,000 


$10,800 00 


$10,591 50 


Webster Xat'l Bank, Boston, . 


10,000 


10,300 


00 


10,541 25 


Xat'l Bank of No. America, Boston, 


10,000 


11,100 


00 


9,225 00 


Xat'l City Bank, Boston, 


5,000 


5,780 


00 


5,000 00 


Xat'l Bank of Commerce, Boston, . 


6,700 


7,102 


00 


6,770 75 


Xat'l Revere Bank, Boston, 


6,000 


6,540 


00 


6,473 00 


Xat'l Exchange Bank, Boston, 


700 


1,190 


00 


700 00 


Xat'l Bank of Republic, Boston, 


3,000 


3,990 


00 


3,000 00 


First Xat'l Bank, Boston, 


2,000 


3,900 


00 


2,000 00 


Second Xat'l Bank, Boston, 


7,400 


10,360 


00 


7,246 25 


Shoe and Leather Xat'l B'k, Boston, 


6,600 


. 7,986 


00 


6,600 00 


Blackstone Xat'l Bank, Boston, 


13,300 


14,630 


00 


16,291 26 


Atlas Xat'l Bank, Boston, 


10,000 


11,600 


00 


11,328 25 


Atlantic Xat'l Bank, Boston, . 


4,100 


5,703 


00 


4,477 75 


Shawmut Xat'l Bank, Boston, . 


10,000 


11,800 


00 


10,000 00 


Merchants' Xat'l Bank, Boston, 


10,600 


14,204 


00 


11,230 95 


Suffolk Xat'l Bank, Boston, 


10,000 


12,100 


00 


11,624 38 


Boylston -Xat'l Bank, Boston, . 


18,300 


20,960 


00 


16,803 50 


Andover Xat'l Bank, Andover, 


500 


550 


00 


500 00 


Falmouth Xat'l Bank, Falmouth, . 


5,000 


6,250 


00 


5,194 50 


Merchants' Xat'l B'k, Xew Bedford, 


2,500 


3,750 


00 


2,500 00 


Xat'l Bank of Wareham, 


24,000 


27,660 


00 


24,086 50 


Eleventh Ward Xat'l Bank, Boston, 


5,300 

- 


3.180 


00 


9,502 08 



1878.] 



PUBLIC DOCUMENT — No. 8. 



319 



WARREN FIVE CENTS SAVINGS BANK — PEABODY. 

Incorporated April 24, 1854. Number of corporators, 61. 

Rufus H. Brown, President. Treasurer, Albert H. Merrill. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, 


$1,329,496 38 


Public funds, .... 


$40,000 00 


Earnings, undi- 




Batik stock, .... 


119,284 00 


vided, . . . 


41,824 41 


Railroad bonds, 


29,675 00 


Guarantee fund, 


3,270 00 


Real estate by foreclosure, 


74,904 28 


Other liabilities, 


2,155 00 


Loans on real estate, 


603,740 00 






Loans on personal security, . 


45,900 00 






Loans to counties, cities, or 








towns, 


433,035 00 






Expense account, 


1,054 63 






Cash on hand, .... 


29,152 88 




$1,376,745 79 


$1,376,745 79 



Amount of real estate held by foreclosure, 
Assessed value of real estate held by foreclosure, 



$74,904 28 
63,600 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend > 2£ per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws: third Wednesday 

of May and November. 
The total amount of loans, with each specified rate of interest: 
$96,500, 6 per cent. ; $60,000, 6£ per cent. ; $241,625, 7 per cent. ; 
$11,600, 7 T 3 ¥ per cent. ; $205,165, 7£ per cent. ; $34,750, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . . ... . . 189 

Aggregate amount of the same, 

Number of open accounts, 3,598 

Number and ain't of deposits received for the previous year, 1,855 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 148 
Number and amount of withdrawals, .... 1,532 

Number of accounts opened during the previous year, . . 408 
Number of accounts closed during the previous year, . . 337 
Amount of the expenses of the corporation during the previous 



:{ 



,218 72 
31,178 45 
31,463 82 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, July 18. 



265,200 00 

158,162 70 

83,925 76 
173,641 99 



2,500 00 
20,000 00 



320 



BANK COMMISSIONERS' REPORT. [Jan. 



Public Fuxds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, currency 6s, 



$40,000 



$48,550 00 



$40,000 00 



Bank Stock. 



Warren Xat'l Bank, Peabody, . 


$2,000 


$2,920 00 


$2,000 00 


Howard Xat'l Bank, Boston, . 


4,689 


5,275 


75 


4,700 00 


Xat'l Exchange Bank, Boston, 


8,000 


13,200 


00 


8.000 00 


Xat'l Webster Bank, Boston, . 


4,000 


4,080 


00 


4,000 00 


Atlantic Xat'l Bank, Boston, . 


1,500 


1,995 


00 


1,500 00 


Suffolk Xat'l Bank, Boston, 


1,500 


1.815 


00 


1,500 00 


Shoe and Leather Xat'l B'k, Boston, 


3,500 


4,147 


50 


3,500 00 


Xat'l Hide and Leather B'k, Boston, 


9,950 


11,175 


00 


10,000 00 


Nat'l Exchange Bank, Salern, . 


900 


1,062 


00 


900 00 


Xat'l Grand Bank Marblehead, 


4,595 


5,328 


00 


4,800 00 


Asiatic Xat'l Bank, Salem, 


2,250 


3,150 


00 


2,250 00 


Atlas Xat'l Bank, Boston, 


16,500 


19,057 


50 


16,500 00 


Xat'l Revere Bank, Boston, 


6,000 


6,540 


00 


6,000 00 


Eliot Xat'l Bank, Boston, 


9,500 


10,260 


00 


9,500 00 


Blackstone' Xat'l Bank, Boston, 


9,000 


9,551 


25 


9,000 00 


Washington Xat'l Bank, Boston, 


500 


656 


25 


500 00 


Tremont Xat'l Bank, Boston, . 


8,400 


9,219 


00 


8,400 00 


Hamilton Xat'l Bank, Boston, 


2,000 


2,365 


00 


2,000 00 


Faneuil Hall Xat'l Bank, Boston, . 


6,000 


7,995 


00 


6,000 00 


Shawmut Xat'l Bank, Boston, . 


2,000 


2,360 


00 


2,000 00 


South Danvers Xat'l Bank, Peabody, 


1,000 


1,510 


00 


1,000 00 


Manufacturers' Xat'l Bank, Boston, 


7,500 


7,500 


00 


7,500 00 


Merchandise Xat'l Bank, Boston, . 


5,000 


5,056 


25 


5,000 00 


Xat'l Bank of Xo. America, Boston, 


2,000 


2,170 


00 


2,000 00 


Xat'l City Bank, Boston, 


1,000 


1,152 


50 


1,000 00 



Railroad Bonds. 



Boston & Maine Railroad bonds, 7s, 


$5,000 


$5,525 00 


$5,000 00 


Boston and Lowell Railroad bonds, 7s, 


5,000 


5,000 00 


5,000 00 


Eastern Railroad bonds (new certif . ) , 


5,000 


2,500 00 


4,750 00 


Cheshire Railroad bonds, 6s, . 


5,000 


4,775 00 


4.925 00 


Old Colony Railroad bonds, 6s, 


10,000 


10,250 00 


10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



321 



WARREN INSTITUTION FOR SAYINGS— BOSTON. 

Incorporated February 21, 1829. Number of corporators, 128. 

James Adams, President. Treasurer, Geo. F. Tufts. 

Statement. 



Liabilities. 



Assets. 



Value on Books. 



Deposits, 
Earnings, undi- 
vided, 
Guarantee fund, 



1,185,579 81 

129,478 60 
32,000 00 



t,347,058 41 



Public funds, 

Bank stock, 

Loans on bank stock, 

Railroad bonds, 

Real estate, 

Real estate by foreclosure, 

Loans on reai estate, 

Loans on personal security, 

Loans to counties, cities, or 

towns, .... 
Deposit in banks on interest, 
Expense account, 
Casb on hand, . 



$249,169 97 

147,293 00 

11,900 00 

200,000 00 

. 50,000 00 

33.200 00 

2,380,705 00 

949,000 00 

194,500 00 

117,951 87 

7,053 78 

6,284 79 

H, 347,058 41 



Loans on Bank Stock — amount on each : 
On 8 shares Union Market National Bank, Watertown, 
On 8 shares Lechmere National Barrk, Cambridge 
On 22 shares Bunker Hill National Bank, Boston, 
On 14 shares State National Bank, Boston, 
On 50 shares Maverick National Bank, Boston, 
On 10 shares Monument National Bank, Boston, 
On 10 shares Blackstone National Bank, Boston, 
On 11 shares Hide and Leather National Bank, Boston, 

Amount invested in real estate, 

Assessed value of real estate, 

Amount of real estate held by foreclosure, 
Assessed value of real estate held by foreclosure, . 



$500 00 
100 00 

2,000 00 
900 00 

5,500 00 
900 00 

1,000 00 

1,000 00 

$50,000 00 
61,400 00 
33,200 00 
37,200 00 



Cash on deposit in Banks : 
Bunker Hill National Bank, Boston, 
Blackstone National Bank, Boston, 



£67,951 87 
50,000 00 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2-J per cent., 

for the previous year, ) 2£ per cent., 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans with each specified rate of interest: 

$50,000, 3i per cent. ; $50,000, 3| per cent. ; $110,000, 4 per cent. ; 

$100,000, 4i per cent. ; $725,000, 5 per cent. ; $20,000, 5£per cent. ; 

$379,800, 6 per cent. ; $342,135, 6£ per cent. ; $1,126,070, 7 per 

cent.; $110,300,7^ per cent.; $408,200, 7i per cent; $114,600, 

8 per cent. 

41 



!i 



$270,382 24 

99,853 99 

102,905 55 



322 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which, are of an amount not exceed- 
ing three thousand dollars each, 558 

Aggregate amount of the same, 

Number of open accounts, 10,926 

Number and ara't of deposits received for the previous year, 5,919 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 514 
Number and amount of withdrawals, .... 7,620 

Number of accounts opened during the previous year, . 1,034 
Number of accounts closed during the previous year, . 1,049 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, 

Date of examination by Commissioner, December 17. 



$953,350 00 

583,010 00 

315,866 00 
654,460 17 



9,239 45 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4-|s, 


$160,000 


$168,400 00 


$160,000 00 


City and Town Bonds — 








City of Somerville, .... 


$46,000 


$50,140 00 


$45,160 00 


of Charlestown, 


40,000 


44,400 00 


39,159 97 


Town of Everett, 


5,000 


5,300 00 


4,850 00 



Bank Stock. 



Bunker Hill Nat'l Bank, Boston, . 


$19,800 


$33,759 00 


$19,860 00 


City Nat'l Bank, Boston, 


2,000 


2,305 00 


2,000 00 


Eagle Nat'l Bank, Boston, 


7,500 


8,100 00 


7,500 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,925 00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


15,000 


16,762 50 


15,000 00 


Massachusetts Nat'l Bank, Boston, . 


5,500 


6,050 00 


5,500 00 


Traders' Nat'l Bank, Boston, . 


10,000 


10,275 00 


10,000 00 


Third Nat'l Bank, Boston, 


5,000 


5,556 25 


. 5,000 00 


Maverick Nat'l Bank, Boston, . 


4,000 


6,000 00 


4,000 00 


New England Nat'l Bank, Boston, . 


11,600 


15,573 00 


11,600 00 


Union Nat'l Bank, Boston, 


20,000 


27,200 00 


30,000 00 


Everett Nat'l Bank, Boston, . 


6,000 


6,540 00 


6,000 00 


Naumkeag Nat'l Bank, Salem, 


4,200 


6,384 00 


5,908 00 


Merchandise Nat'l Bank, Boston, . 


10,000 


10,112 50 


10,000 00 


Webster Nat'l Bank, Boston, . 


10,000 


10,212 50 


9,925 00 



Railroad Bonds. 



Boston and Albany Railroad bonds, . 
Old Colony and Newport R.R. bonds, 
Worcester & Nashua R.R. bonds, 



$50,000 

100,000 

50,000 



$55,000 00 

106,125 00 

52,000 00 



$50,000 00 

100,000 00 

50,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



323 



WATERTOWN SAYINGS BANK — WATERTOWN. 

Incorporated April 18, 1870. Number of corporators, 18. 

Charles J. Barry, President. Treasurer, John K. Sticknet. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$142,217 37 


Public funds, > . 


$7,435 00 


Earnings, undivided, 


1,146 52 


Bank stock, - . 


10,347 50 


Guarantee fund, 


540 00 


Loans on bank stock, 


2,200 00 






Railroad bonds, 


' 6,014 00 






Loans on real estate, 


87,975 00 






Loans to counties, cities, or 








towns, 


11,500 00 






Deposits in bank on interest, . 


17.000 00 






Safe and furniture, . 


500 00 






Expense account, 


10 57 






Casli on band, .... 


321 82 




$143,903 89 


$143,903 89 



Loans on Bank Stock — amount on each: 
On 35 shares Union Market National Bank, Watertown, . . 

Cash on deposit in Banks : 
"Union Market National Bank, "Watertown, 

"Whole amount of interest or profits received or earned, . 

Bate and amount of each semi-annual dividend ) 2h per cent., . j" 

for the previous year, > 2\ per cent., • ( 

Times for the dividends fixed by the by-laws : second "Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend: 5^ per cent. 
The total amount of loans with each specified rate of interest: 

S24.700, 6 per cent. ; $24,825, 7 per cent. ; $1,400, 7 T % per cent. ; 

$64,150, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 51 

Aggregate amount of the same, 

Number of open accounts, ......... 620 

Number and am't of deposits received for the previous year, 692 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 31 

Number and amount of withdrawals, 346 

Number of accounts opened during the previous year, . . 155 
Number of accounts closed during the previous year, . . 96 
Amount of the expenses of the corporation during the previous 

year, . . , 

Amount of treasurer's bonds, 

Date of examination by Commissioner, May 17. 



2,200 00 



,$17,000 00 

59,165 84 
2,883 76 
3,270 49 



62,575 00 

41,075 16 

16,434 36 
25,216 03 



864 25 

5,000 00 



324 



BANK COMMISSIONERS' REPORT. 

Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and Town Bonds — 
City of Auburn, Me., 
of Lewiston, Me., 
of Newburyport, 
Town of Arlington, . 



$1,000 
1,000 
1,000 
4,000 



$1,060 00 
1,060 00 
1,080 00 
4,420 00 



$1,045 00 
1,060 00 
1,050 00 
4,280 00 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 


$2,000 


$2,140 00 


$2,000 00 


Blackstone Nat'l Bank, Boston, 


2,000 


2,145 00 


2,600 00 


Metropolitan Nat'l Bank, Boston, . 


2,000 


1,850 00 


2,000 00 


Market Nat'l Bank, Boston, . 


1,000 


1,065 00 


1,072 50 


Exchange Nat'l Bank, Boston,. 


1,000 


1,650 00 


1,675 00 


Union Market Nat'l B'k Watertown, 


1,000 


800 00 


1,000 00 



Railroad Bonds. 



Boston and Maine Railroad bonds, . 
Vermont and Mass. Railroad bonds,. 
Cheshire Railroad bonds, 




£2,200 00 

416 00 

3,940 00 



$2,200 00 

404 00 

4,010 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



325 



WEBSTER FIVE CENTS SAYINGS BANK —WEBSTER. 

Incorporated March 16, 1868. Number of corporators, 57. 
Frederick D. Brown, President. Treasurer, Edwin Mat. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$270,623 34 
768 11 

749 77 


Bank stock, .... 
Real estate, .... 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Deposits in banks on interest, 

Expense account, 

Cash on hand, .... 


$33,680 50 

4,400 00 

192,175 00 

26,591 00 

8,000 00 

6,545 65 

161 10 

587 97 




$272,141 22 


$272,141 22 



Amount invested in real estate, $4,400 00 

Estimated value of real estate, . 4,400 00 

Cash on deposit in Banks : 

First National Bank, Webster, . . $6,545 65 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2i per cent., . r 

for the previous year, ) 2 \ per cent., .( 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$19,000, 6 per cent. ; $17,500, 6£ per cent. ; $155,875, 6£ per cent. ; 
$18,516, 7 per cent. ; $5,000, 7£ per cent. ; $2,875, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 201 

Aggregate amount of the same, 

Number of open accounts, 1,596 

Number and am't of deposits received for the previous year, . 981 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 45 

Number and amount of withdrawals, 616 

Number of accounts opened during the previous year, . . 240 
Number of accounts closed during the previous year, . . 214 
Amount of the expenses of the corporation during the previous 



$17,601 12 
5,881 11 
6,040 16 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, March 10. 



180,466 00 
66,653 87 

25,453 00 

57,074 09 



1,075 00 
20,000 00 



326 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Revere Nat'l Bank, Boston, 


$3,000 


|3,262 50 


$3,660 00 


Quinsio-amond Nat'l B'k, Worcester, 


6,100 


7,320 00 


7,903 75 


Worcester Nat'l Bank, Worcester, . 


8,000 


10,000 00 


11,185 50 


Mechanics' ISTat'l Bank, Worcester, . 


700 


840 00 


1,001 25 


First Nat'l Bank, Worcester, . 


1,200 


1,668 00 


1,740 25 


Southbridge Nat'l B'k, Southbridge, 


500 


625 00 


625 00 


Oxford Nat'l Bank, Oxford, . 


2,000 


2,400 00 


2,540 00 


Grafton Nat'l Bank, Grafton, . 


1,000 . 


1,000 00 


1,000 00 


First Nat'l Bank, Webster, . 


4,200 


4,410 00 


4,210 00 



WELLFLEET SAYINGS BANK— WELLFLEET. 

Incorporated 1863. Number of corporators, 61. 
Richard R. Freeman, President. Treasurer, Thos. Kemp. 

Statement. 



Liabilities. 


Assets. 

- 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Other liabilities, 


$459,243 78 

714 91 

1,823 25 

335 80 


Bank stock, . 

Real estate, .... 

Loans on real estate, 

Loans on personal security, . 

Loans to counties, cities, or 

towns, 

Deposit in banks on interest, . 

Expense account, 

Cash on hand, . • . 


$288,416 79 

4,002 84 

121,083 00 

44,366 20 

300 00 

3,182 37 

174 47 

592 07 




$462,117 74 


$462,117 74 



Amount invested in real estate, $4,002 84 

Estimated value of real estate, . 4,000 00 



Cash on deposit in Banks : 
Blackstone National Bank, Boston, 



5,182 37 



:\ 



,255 24 

11,299 46 

9,308 22 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 1\ per cent., 
for the previous year, ) 2 per cent., 

Times for the dividends fixed by the by-laws : January and July. 

The total amount of loans with each specified rate of interest: 
$53,300, 6 per cent. ; $600, 6£ per cent. ; $71,149.20, 7 per cent. ; 
$10,250, 7y 3 o per cent. ; $1,000, 7£ per cent; $29,450, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 78 

Aggregate amount of the same, 68,659 20 



1878.] 



PUBLIC DOCUMENT — No. 8. 



327 



Number of open accounts, 1,197 

Number and am't of deposits received for the previous year, 437 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 54 

Number and amount of withdrawals, 722 

Number of accounts opened during the previous year, . . 127 
Number of accounts closed during the previous year, . . 164 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 20,000 00 

Date of examination by Commissioner, August 20. 



$54,619 06 

30,089 88 

87,178 78 



1,490 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



First Nat'l Bank, Provincetown, 
Manufacturers' Nat'l Bank, Boston, 
Eagle Nat'l Bank, Boston, 
"Webster Nat'l Bank, Boston, . 
Shawmut Nat'l Bank, Boston, . 
Hide and Leather Nat'l B'k, Boston 
Continental Nat'l Bank, Boston, 
Mt. Vernon Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston, 
Central Nat'l Bank, Boston, . 
Redemption Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Faneuil Hall Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
Boston Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Howard Nat'l Bank, Boston, .. 
New England Nat'l Bank, Boston, 
Third Nat'l Bank, Boston, 
Old Boston Nat'l Bank, Boston, 
Suffolk Nat'l Bank, Boston, 
Tremont Nat'l Bank, Boston, . 
Union Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston, 



$2,400 
6,100 

11,700 
3,500 
9,000 

18,000 

14,500 
2,000 
8,500 

15,600 
3,500 
2,500 
7,500 
3,800 
8,600 

18,700 
4,000 
4,100 

13,300 

13,500 
3,600 
800 
1,000 
2,200 
1,100 
1,500 
5,000 

10,000 
2,500 
3,000 

14,000 
2,300 

10,100 
4,800 
4,200 
2,100 



$3,840 00 
6,039 00 

12,636 00 
3,578 75 

10,620 00 

20,720 00 

14,790 00 
2,330 00 
9,201 25 

16,848 00 
4,121 25 
2,725 00 
7,284 30 
4,949 50 

10,169 50 

24,403 50 
5,330 00 
4,346*00 

14,264 25 

15,592 50 
4,230 00 

948 
1,142 
3,085 
1,130 
1,689 
6,725 

11,137 
3,100 00 
3,630 00 

15,470 00 
3,128 00 

10,983 75 
6,425 75 
4,620 00 
1,260 00 



00 
25 
50 
25 
45 
00 
00 



12,531 50 

6,939 00 

14,203 25 

3,765 75 

11,400 25 

21,318 25 

17,362 00 

2,540 00 

10,126 50 

19,066 75 

4,210 62£ 

2,997 12 

7,60S 75 

5,059 25 

10,222 25 

21,129 37£ 

4,933 00 

4,738 25 

16,808 00 

16,538 75 

4,644 00 

960 00 

1,180 00 

3,195 50 

1,265 00 

1,728 75 

7,625 00 

11,501 92 

3,675 00 

3,612 50 

17,043 25 

2,773 25 

11,033 25 

5,924 50 

5,469 25 

3,287 00 



328 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WESTBOROUGH SAVINGS BANK — WESTBOROUGH. 

Incorporated 1869. Number of corporators, 70. 

Cyrus Fay, President. Treasurer, Geo. O. Bkigham. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Other liabilities, 


$341,441 29 

3,426 45 

1,230 00 

206 94 


Public funds, .... 
Bank stock, .... 
Loans on bank stock, 
Railroad bonds, 
Real estate, by foreclosure, . 
Loans on real estate, 
Loans on personal security, . 
Cash on hand, .... 


$5,430 00 

53,700 00 

2,500 00 

2.000 00 

2,279 55 

230,355 12 

48,030 00 

2,010 01 




$346,304 68 


$346,304 68 



Real estate acquired by foreclosure, 
Estimated value of real estate, . 



&2,279 55 
2,700 00 



Loans on Bank Stock — amount on each : 
On 30 shares First National Bank, Westborough, 



$2,500 00 



Cash on deposit in Banks : 
First National Bank, Westborough, 



Whole amount of interest or profits received or earned, 
Rate and amount of each semi-annual dividend > 2-J per cent., 

for the previous year, ) 2% per cent., 

Times for the dividends fixed by the by-laws : February and August. 
The total amount of loans with each specified rate of interest: 

$280,885.12, 6£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 194 

Aggregate amount of the same, 

Number of open accounts, 1,177 

Number and am't of deposits received for the previous year, 1,037 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 70 

Number and amount of withdrawals, 617 

Number of accounts opened during the previous year, . . 269 
Number of accounts closed during the previous year, . . 163 
Amount of the expenses of the corporation during the previous 



:{ 



$2,010 01 

$19,749 80 
7,312 87 

7,885 09 



year, 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, May 29. 



212,935 12 

1W,051 71 

36,548 79 
65,290 79 



724 43 
5,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



329 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Bonds — 
City of Cambridge, . 



$5,000 



$5,400 00 



$5,430 00 



Bank Stock. 



Tremont Nat'l Bank, Boston, . 


$3,600 


$3,960 00 


$3,600 00 


Globe Nat'l Bank, Boston, 


1,600 


1,760 00 


1,760 00 


Redemption Nat'l Bank, Boston, 


2,000 


2,600 00 


2,600 00 


Everett Nat'l Bank, Boston, . 


3,000 


3,300 00 


3,360 00 


Merchants' Nat'l Bank, Boston, 


4,200 


5,700 00 


5,460 00 


New England Nat'l Bank, Boston, . 


600 


800 00 


730 00 


Commerce Nat'l Bank, Boston, 


1,000 


1,060 00 


1,000 00 


Traders' Nat'l Bank, Boston, . 


5,500 


5,665 00 


5,500 00 


Hide and Leather Nat'l B'k, Boston, 


1,900 


2,128 00 


1,900 00 


Republic Nat'l Bank, Boston, . 


1,000 


1,300 00 


1,200 00 


First Nat'l Bank, Westborough, 


16,400 


18,532 00 


18,040 00 


Millbury Nat'l Bank, Millbury, 


2,000 


2,300 00 


2,200 00 


Marlboro' Nat'l Bank, Marlboro', . 


3,000 


3,750 00 


3,450 00 


Northboro' Nat'l Bank, Northboro', 


2,000 


2,560 00 


2,400 00 


Grafton Nat'l Bank, Grafton, . 


500 


550 00 


500 00 



Railroad Bonds. 



Boston, Clinton and Fitchburg R.R. 
bonds, 




$2,000 00 



42 



330 



BANK COMMISSIONERS' REPORT. 



[Jan. 



♦WEST BOSTON SAVINGS BANK — BOSTON. 

Incorporated 1867. Number of corporators, 100. 

Chaeees Ad aiis, Jr., President. Treasurer, Lymax Ebexch. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,980,994 63 


I 
Public funds, .... 


§48,855 00 


Earnings, undi- 




Bank stock, .... 


232,472 38 


vided, 


111.016 81 


Loans on bank stock, 


300 00 


Guarantee fund, 


2,687 50 


Railroad bonds. 


3,165 00 






Keal estate bv foreclosure, 


474,298 00 






Loans on real estate, 


1,082,411 51 






Loans on personal security, . 


95,325 10 






Loans to counties, cities, or 








towns, 


20,000 00 






Deposit in banks on interest, . 


127,421 32 






Expense account, 


1,183 71 






Repairs on real estate, 


1,405 41 






Tax on real estate, . 


2,587 24 






Water tax, 


8 17 






Legal expense, etc., . 


139 75 






Auction expense, 


50 00 






Cash on hand, .... 


5,07(5 35 




62,091,698 94 


62,094,698 94 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 
Assessed value of real estate, 



Cash on deposit in Banks : 
Blackstone National Bank, Boston, . 
Commerce National Bank of Boston, 
Security National Bank, Boston, 



$474,298 00 
474,298 00 
505,250 00 

$595 60 
53,624 72 
73,201 00 



Whole amount of interest or profits received or earned, . . . §176,608 01 
Bate and amount of each semi-annual dividend for the previous 

year: one dividend in October, 2\ per cent., .... 53,067 24 

Times for the dividends fixed by the by-laws : second Tuesday of 

April and October. 
The total amount of loans with each specified rate of interest: 

$191,447, 6 per cent. ; §21,000, 6£ per cent. ; S8,000, 6| per cent.; 

$478.57S, 7 per cent.; $58,500, 1j\ per cent.; $82,636.51, 7$ per 

cent. ; $242,250, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, , 122 

Aggregate amount of the same, . 277,488 25 

Number of open accounts, ....;.. 5,975 

Number and am't of deposits received for the previous year, 673 65,417 66 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 54 34,463 89 
Number and amount of withdrawals, .... 6,148 1,377,692 28 



* Temporarily enjoined by a decree of the Supreme Judicial Court, December 29, 1877. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



331 



Number of accounts opened during the previous year, . .187 
Number of accounts closed during the previous year, . 3,425 
Amount of the expenses of the corporation during the previous 

year, 15,633 71 

Amount of treasurer's bonds, 30,000 00 

Date of examination by Commissioner, March 14. 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, currency 6s, . 


$40,000 


$48,600 00 


$48,855 00 


Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Blackstone Nat'l Bank, Boston, 
Nat'l Bank of Commerce, Boston, 
Eleventh Ward Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Globe Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Merchants' Nat'l B'k, Boston, . 
North America Nat'l Bank, Boston 
Revere Nat'l Bank, Boston, 
State Nat'l Bank, Boston, 
Shoe and Leather Nat'l B'k, Boston 
Shawmut Nat'l Bank, Boston, . 
Tremont Nat'l Bank, Boston, . 



$10,000 
4,900 
15,000 
2,667 
15,000 
10,000 
10,000 
17,000 
10,000 
10,000 
20,000 
12,500 
20,000 
10,000 
20,000 



$13,300 00 
5,255 25 
15,900 00 
1,200 00 
16,200 00 
10,900 00 
11,000 00 
19,040 00 
13,387 50 
10,850 00 
21,800 00 
13,593 75 
23,700 00 
11,800 00 
22,100 00 



$15,000 00 
6,742 81 
18,683 77 
2,666 67 
18,132 00 
12,650 00 
12,800 00 
19,929 25 
13,141 17 
10,890 30 
23,719 12 
13,921 88 
26,700 00 
12,125 25 
25,370 16 



332 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WESTFIELD SAVINGS BANK — WESTFIELD. 

Incorporated 1853. Number of corporators, 49. 
Wm. G. Bates, President. Treasurer, V. W. Ckowson - . 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, 
Earnings, 


undivided, 


$709,590 98 

16,417 41 

1.779 78 

4,000 00 


Public funds, .... 

Bank stock, .... 

Loans on bank stock, 

Real estate by foreclosure, 

Loans on real estate, 

Loans on personal security, . 

Loans to counties, cities, or 
towns, 

Premium account, paid on 
stock of First Nat'l Bank, 
Westfield, .... 

Expense account, 

Deposit in bank on interest, . 

Cash on hand, .... 


$88,500 00 
29,000 00 


Guarantee 
Other liat 


3 fund, 
ilities, 


15,015 60 

3,500 00 

409,113 38 

172,387 46 

5,000 00 

7,393 25 

12 58 

783 54 

1,082 36 




6731,788 17 


6731,788 17 



Loans on Bank Stock — amount on each: 
On 155 shares First National Bank, Westfield, • 

Amount of real estate held by foreclosure, 
Estimated value of real estate held by foreclosure, 

Cash on deposit in Banks : 
First National Bank, Westfield, 



. $15,015 60 

. $3,500 00 
3,500 00 



Whole amount of interest or profits received or earned, . 
Eate and amount of each semi-annual dividend } 3 per cent., 

for the previous year ) 2£ per cent., 

Times for the dividends fixed by the by-laws : January 10 and July 

10. 
The total amount of loans with each specified rate of interest: 

$601,516.44, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 198 

Aggregate amount of the same, 

Number of open accounts, 2,348 

Number and ain't of deposits received for the previous year, 5,S89 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 100 
Number and amount of withdrawals, . ' . . . 1,849 

Number of accounts opened during the previous year, . . 224 
Number of accounts closed during the previous year, . . 375 
Amount of the expenses of the corporation during the previous 



:{ 



$783 54 

$49,079 32 
19,710 40 
17,353 35 



year, 



Amount of treasurer's bonds, . . . . 
Date of examination by Commissioner, June 7. 



244,032 98 

189,304 57 

57,211 93 
164,830 08 



1,383 03 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



333 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5-20s, reg'd, '65, 
» " " 5-20s, 1867, . 

" " " 6s, 1881, 



$32,500 

52,500 

3,500 



$34,450 00 

56,700 00 

3,850 00 



$32,500 00 

52,500 00 

3,500 00 



Bank Stock. 



Hampden Co. Nat'l Bank, Westfield, 
First Nat'l Bank, Westfield, . 
Hampshire Co. Nat. B'k, Northamp'n, 




$300 00 

36,894 00 

3,600 00 



$200 00 

25.800*00 

3,000 00 



WEYMOUTH SAVINGS BANK — WEYMOUTH. 

Incorporated 1833. Number of corporators, 69. 
James Humphrey, President. Treasurer, Amos S. White. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


."$904,954 22 


Public funds, .... 


$20,200 00 


Earnings, undivided, 


12,423 17 


Bank stock, .... 


78,200 00 


Guarantee fund, 


2,800 00 


Loans on bank stock, 


1,000 00 






Railroad bonds, 


20,237 50 






Real estate, .... 


5,000 00 






Real estate by foreclosure, 


85,473 00 






Loans on real estate, 


486,533 00 






Loans on personal security, . 


202,820 00 






Deposit in bank on interest, . 


4,220 70 






■ Accrued interest, 


12,227 32 






Cash on band, .... 


4,265 87 




$920,177 39 


$920,177 39 



Loans on Bank Stock — amount on each: 
On 12 sbares Union National Bank, Weymouth, 



$1,000 00 



Amount invested in real estate, , $5,000 00 

Estimated value of real estate, 5,000 00 

Amount of real estate held by foreclosure, . . . . . 85,473 00 

Estimated value of same, 87,723 00 

Casb on deposit in Banks : 

Union National Bank, Weymouth, $3,230 76 

New England Trust Co., Boston, . 4,220 70 

Whole amount of interest or profits received or earned, . . . $57,336 00 

Rate and amount of each semi-annual dividend ) 2£ per cent., . ( 22,269 01 

for the previous year, ) 2£ per cent., . ( 22,329 83 



834 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Times for the dividends fixed by the by-laws: first Monday of 

January and July. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra diivdend : T£ per cent. 
The total amount of loans with each specified rate of interest: 

$18,986, 7 per cent. ; $8,085, 7 T 3 o per cent. ; $184,200, 7£ per cent. ; 

$464,555, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 327 

Aggregate amount of the same, $356,3S3 00 

Number of open accounts, 2,450 

Number and am't of deposits received for the previous year, . 777 66,898 30 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 66 34,791 70 
Number and amount of withdrawals, ..... 998 105,009 59 
Number of accounts opened during the previous year, . . 177 
Number of accounts closed during the previous year, . . 187 
Amount of the expenses of the corporation during the previous 

year, 2,291 62 

Amount of treasurer's bonds, . 25,000 00 

Date of examination by Commissioner, May 29. 



Public Funds. 






Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881, regis'd, . 


$20,200 


$22,191 00 


$20,200 00 



Bank Stock. 



Union Nat'l Bank, Weymouth, 


$39,000 


$43,680 00 


$39,000 00 


Hide and Leather Nat'l B'k, Boston, 


7,'500 


8,400 00 


7,500 00 


Washington Nat'l Bank, Boston, 


4,000 


4,840 00 


4,000 00 


Traders' Nat'l Bank, Boston, . 


4,000 


4,240 00 


4,000 00 


Webster Nat'l Bank, Boston, . 


2,700 


2,747 00 


2,700 00 


Boston Nat'l Bank, Boston, 


2,700 


3,078 00 


2,700 00 


Republic Nat'l Bank, Boston, . 


3,000 


3,390 00 


3,000 00 


Maverick Nat'l Bank, Boston, . 


2,200 


3,300 00 


2,200 00 


Exchange Nat'l Bank, Boston, 


1,500 


2,370 00 


1,500 00 


Merchants' Nat'l Bank, Boston, 


1,200 


1,530 00 


1,200 00 


North Nat'l Bank, Boston, 


1,400 


1,638 00 


1,400 00 


Metropolitan Nat'l Bank, Boston, . 


5,000 


4,600 00 


5,000 00 


Merchandise Nat'l Bank, Boston, . 


4,000 


4,040 00 


4,000 00 



Railroad Bonds. 



Old Colony Railroad bonds, 




$20,237 50 



1878.] 



PUBLIC DOCUMENT — No. 8. 



335 



WHITINSVILLE SAYINGS BANK — WHITINSVILLE. 

Incorporated March 9, 1872. Number of corporators, 61. 
John C. Whitin, President. Treasurer, H. A. Goodell. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


#144,632 21 

3,050 35 

298 65 


Bank stock, .... 
Railroad bonds, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, 

Loans to banks on interest, . 
Expense account, . . '. 


$64,031 21 

5,200 00 

50,950 00 

15,351 65 

1,000 00 

10,998 07 

450 28 




#147,981 21 


$147,981 21 



Cash on deposit in Banks : 
"Whitinsville National Bank, Whitinsville, 



$10,998 07 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2| per cent., 

for the previous year, > 2-£ per cent., 

Times for the dividends fixed by the by-laws : May 1 and Novem- 
ber 1. 
The total amount of loans with each specified rate of interest: 
$17,000, 6 per cent. ; $17,800, 6i per cent. ; $17,651.65, 7 per cent. ; 
$13,850, 7£ per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, . • 34 

Aggregate amount of the same, 

Number of open accounts, ........ 508 

Number and am't of deposits received for the previous year, . 510 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . ... 49 

Number and amount of withdrawals, . . . . . 224 

Number of accounts opened during the previous year^ . . 155 
Number of accounts closed during the previous year, . . 64 
Amount of the expenses of the corporation during the previous 



:! 



£7,301 75 
2,632 78 
2,754 53 



year, 



Amount of treasurer's bonds, . . . 
Date of examination by Commissioner, May 24. 



29,101 65 

57,533 70 

28,642 63 
26,749 00 



200 00 
20,000 00 



336 



BANK COMMISSIONERS' REPORT. 

Bank Stock. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Columbian Nat'l Bank, Boston, 
Commonwealth Nat'l Bank, Boston, 
Everett Nat'l Bank, Boston, . 
Eliot Nat'l Bank, Boston, 
Freeman's Nat'l Bank, Boston, 
Faneuil Hall Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Massachusetts Nat'l Bank, Boston, . 
Millbmy Nat'l Bank, Millbmy, 
Northboro' Nat'l Bank, Northboro', 
North Nat'l Bank, Boston, 
Exchange Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
New England Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 


$3,900 
2,000 
2,700 
2,000 
1,600 
2,500 
2,000 
1,000 
2,500 
1,000 
4,200 
3,000 
3,000 
1,600 
2,500 
1,000 
1,500 
1,000 
2,500 
4,000 
2,000 


$5,187 00 
2,315 00 
2,868 75 
2,420 00 
2,248 00 
2,687 50 
2,180 00 
1,122 50 
2,706 25 
1,301 25 
5,622 75 
3,300 00 
3,541 75 
2,080 00 
2,962 50 
1,650 00 
1,578 75 
1,351 25 
2,703 00 
5,210 00 
2,020 00 


$5,640 75 
2,492 50 
3,579 09 
2,998 00 
2,225 00 
3,237 50 
2,645 00 
1,167 50 
3,360 25 
1,398 75 
6,055 75 
3,760 62 
3,541 75 
2,080 00 
3,243 75 
1,740 00 
1,818 75 
1,485 00 
3,256 25 
6,027 50 
2,277 50 



Railroad Bonds. 



Old Colony Railroad bonds, 




$5,200 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



337 



WINCHENDON SAVINGS BANK — WINCHENDON. 

Incorporated 1854. Number of corporators, 116. 
Orlando Mason, President. Treasurer, C. S. Beals. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$562,220 76 


Public funds, .... 


$12,000 00 


Earnings, undivided, 


17,087 94 


Bank stock, .... 


87,100 00 


Guarantee fund, 


2,782 50 


Loans on bank stock, 


16,129 50 






Loans on railroad bonds, 


5,000 00 






Loans on real estate, 


271,064 67 






Loans on personal security, . 


153,694 31 






Loans to counties, cities, or 








towns, 


2,000 00 






Deposit in banks, 


15,456 18 






Premium account, . 


13,148 12 






Furniture account, . 


1,200 00 






Cash on hand, .... 


5,298 42 




$582,091 20 


$582,091 20 



Loans on Bank Stock — amount on each : 
On 165 shares First National Bank. Winchendon, .... 
On 2 shares State National Bank, Boston, and 2 shares Quinsiga- 

mond National Bank, Worcester, 

Loans on Railroad Bonds — amount on each: 
On Monadnock Railroad bonds, par value, $5,000,* . 

Cash on deposit in Banks : 
First National Bank, Winchendon, 



Whole amount of interest or profits received or earned, . . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, > 2£ per cent., 

Times for the dividends fixed by the by-laws : May and November. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend: 7 per cent. 

The total amount of loans with each specified rate of interest: 
$15,000, 5 per cent. ; $73,700, 6 per cent. ; $329,188.48, 6£- per cent. ; 
$30,000, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ._ 189 

Aggregate amount of the same, 

Number of open accounts, 1,791 

Number and am't of deposits received for the previous year, . 691 

Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . .57 

Number and amount of withdrawals, 797 

Number of accounts opened during the previous year, . . 170 

Number of accounts closed during the previous year, . . 210 

^ * This loan is on personal security. 

43 



$15,750 00 



509 37 



$5,000 00 



$15,456 18 

$36,468 06 
13,446 59 
13,547 04 



155,088 48 

89,537 10 

28,008 00 
81,150 76 



338 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of the expenses of the corporation duriog the previous 

year, . ' . $807 60 

Amount of treasurer's bonds, 50,000 00 

Date of examination by Commissioner, July 9. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 



112,000 



$13,200 00 



$12,000 00 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 


$2,500 


$2,650 00 


$2,500 00 


Redemption Nat'l Bank, Boston, 


10,000 


13,000 00 


10,000 00 


Faneuil Hall Nat'l Bank, Boston, . 


4,800 


6,240 00 


4,800 00 


Merchants' Nat'l Bank, Boston, 


10,000 


13,400 00 


10,000 00 


Eliot Nat'l Bank, Boston, 


6,700 


7,303 00 


6,700 00 


Mechanics' Nat'l Bank, Boston, 


3,400 


4,420 00 


3,400 00 


First Nat'l Bank, Boston, 


1,600 


2,928 00 


1,600 00 


Leominster Nat'l Bank, Leominster, 


6,500 


7,150 00 


6,500 "00 


First Nat'l Bank, Winchendon, 


31,600 


42,660 00 


31,600 00 


Rollstone Nat'l Bank, Fitchburg, . 


9,000 


14,400 00 


. 9,000 00 


Fitchburg Nat'l Bank, Fitchburg, . 


1,000 


1,500 00 


1,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



339 



WINCHESTER SAVINGS BANK — WINCHESTER. 

Incorporated March, 1871. Number of corporators, 33. 

David N. Skilmngs, President. Treasurer, John T. Manny. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 
Eliot Nat'l Bank, . 
Mortgage not paid in 
full, 


$126,411 38 
265 95 
903 59 
649 31 

500 00 


Bank stock, .... 
Railroad bonds, 
Loans on real estate, 
Loans on personal security, . 
Loans to counties, cities, or 

towns, . . . 
Expense account, 
Cash on hand, .... 


$5,000 00 
5,575 00 

83,867 46 
7,652 66 

26,525 00 

1 00 

109 11 




$128,730 23 


$128,730 23 



Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 

for the previous year, ) 2% per cent., 

Times for the dividends fixed by the by-laws: third Wednesday 

of April and October. 
Average annual per cent, of dividends for the term ending at the 

time of, and including, the last extra dividend : 6 per cent. 
The total amount of loans with each specified rate of interest: 

$28,492, 6 per cent. ; $3,000, 6£ per cent. ; $53,077, 7 per cent. ; 

$10,200, 7i p<*r cent. ; $31,750, 8 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 34 

Aggregate amount of the same, ....... 

Number of open accounts, 550 

Number and am't of deposits received for the previous year, . 706 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 29 
Number and amount of' withdrawals, . . . . . 409 
Number of accounts opened during the previous year, . . 136 
Number of accounts closed during the previous year, . . 82 
Amount of the expenses of the corporation during the previous 



:{ 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, August 17. 



$7,917 11 
2,707 69 
2,896 01 



44,427 66 

43,228 73 

13,467 00 
27,914 60 



547 72 
5,000 00 



340 BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Metropolitan Nat'l Bank, Boston, . 


$5,000 


$4,625 00 


$5,000 00 


Railroad Bonds. 


Boston and Maine Railroad bonds, . 


$5,000 


$5,500 00 


$5,575 00 



WOBTJRN FIVE CENTS SAVINGS BANK — WOBURN .* 

Incorporated April 11, 1854. Number of corporators, 11. 

Stephen Dow, President. Treasurer, James N. Dow. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 
Earnings, undivided, 
Guarantee fund, 


$494,070 09 

14,084 40 

1,283 75 


Loans on public funds, . 
Bank stock, .... 
Real estate by foreclosure, 
Loans on real estate, 
Loans on personal security, . 
Cash on band, .... 

i 


$1,800 00 

204,489 08 

5,730 00 

236,277 16 

48,050 00 

13,092 00 




$509,438 24 


$509,438 24 



Loans on Public Funds — amount on eaeb : 
On United States bonds, par value, $1,800, 

Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



Cash on deposit in Banks : 
First National Bank, Woburn, 

Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, ) 2| per cent., 

Times for the dividends fixed by the by-laws : January and July. 

Average annual per cent, of dividends for the term ending at the 
time of, and including, the last extra dividend : 6£ per cent. 

The total amount of loans with each specified rate of interest: 
$26,000, 6 per cent. ; $82,742.90, 7 per cent. ; $400, 7 T 3 ¥ per cent. : 
$65,600, 7£ per cent. ; $90,384.26, 8 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, Ill 



:{ 



$1,800 00 

$5,730 00 
5,730 00 



$2,987 91 

$40,188 83 
11,984 35 
12,077 75 



* Temporarily enjoined by a decree of the Supreme Judicial Court, January 2, 1878. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



341 



Aggregate amount of the same, . . $119,534 26 

Number of open accounts, 2,312 

Number and am't of deposits received for the previous year, 2,292 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, ... 43 
Number and amount of withdrawals, .... 1,145 

Number of accounts opened during the previous year, . . 296 
Number of accounts closed during the previous year, . . 309 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, . . . . . . . 10,000 00 

Bate of examination by the Commissioner, August 16. 



82,084 14 

21,376 21 
106,014 91 



2,129 79 



Bank Stock. 



Par Yalue. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Commerce Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
EleventhW'd Nat. B'k,Boston (new) 
Faneuil Hall Nat'l Bank, Boston, 
Hide and Leather Nat'l Bank, Boston, 
Howard Nat'l Bank, Boston, . • 
State Nat'l Bank, Boston, 
Second Nat'l Bank, Boston, 
Shawmut Nat'l Bank, Boston, . 
Shoe and Leather Nat'l B'k, Boston 
New England Nat'l Bank, Boston, 
Third Nat'l Bank, Boston, 
Webster Nat'l Bank, Boston, . 
Woburn Nat'l Bank, Woburn, 



118,000 

20,700 

11,700 

5,000 

1,700 

5,000 

5,333i 

5,500 

12,800 

2,500 

4,100 

2,000 

5,000 

16,500 

16,500 

1,000 

1,000 

24,900 



$20,790 00 
22,149 00 
11,700 00 

5,562 

1,972 

5,400 

5,333 

7,315 
14,336 00 

2,818 75 

4,458 

2,810 

5,925 
19,552 
22,192 50 

1,110 00 

1,025 00 
34,860 00 



00 
00 
00 
33 
00 



75 
00 
00 
50 



121,295 00 

25,406 00 

14,408 25 

6,612 50 

2,146 25 

5,950 00 

9,993 33 

7,125 25 

13,642 25 

2,831 25 

4,492 50 

3,205 00 

6,268 75 

22,113 75 

23,452 50 

1,152 50 

1,050 00 

33,344 00 



342 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER COUNTY INSTITUTION FOR SAVINGS — WORCESTER. 

* 

Incorporated February 5, 1828. Number of corporators, 197. 
Alexander H. (Bullock, President. Treasurer, Charles A. Hamilton. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$6,629,187 55 


Public funds, .... 


$1,349,000 00 


Earnings, undi- 




Bank stock, .... 


814,150 00 


vided, 


181,324 97 


Loans on bank stock, 


9,600 00 


Guarantee fund, 


31,000 00 


Railroad bonds, 


699,000 00 






Real estate by foreclosure, 


64,444 68 






Loans on real estate, 


3,083,077 38 






Loans on personal security, . 


84,800 00 






Loans to counties, cities, or 








towns, 


528,400 00 






Loans to banks on interest, . 


182,302 19 






Expense account, 


5,026 66 






Vault and furniture, 


11,775 16 






Profit and loss, .... 


64 23 






Premiums, 


2,030 60 






Suspense account, 


1,860 46 


* 




Cash on hand, .... 


5,981 16 




$6,841,512 52 


$6,841,512 52 



Loans on Bank Stock — amount on each : 
On 60 shares Worcester National Bank, Worcester, 
On 16 shares Leominster National Bank, Leominster, 
On 5 shares Central National Bank, Worcester, 
On 60 shares Tremont National Bank, Boston, . 

Amount of real estate held by foreclosure, 
Estimated value of real estate, 



$2,500 00 

1,600 00 

500 00 

5,000 00 



Cash on deposit in Banks : 
Worcester National Bank, Worcester, 
Chapin Banking and Trust Co., Springfield, 



,444 68 
63,500 00 



$157,302 19 
25,000 00 



Whole amount of interest or profits received, or earned, . . . . $380,622 28 
Rate and amount of each semi-annual dividend > 2^ per cent., . ( 152,544 61 
for the previous year, . . . . . ) 2-J per cent., . ( 154,674 96 
Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans with each specified rate of interest: 
$20,000, 4 per cent. ; $27,000, 4| per cent. ; $308,700, 5 per cent. ; 
$12,000, 5£ per cent. ; $55,500, 5£ per cent. ; $4,084,437, 6 per cent. ; 
$1,246,240, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 839 

Aggregate amount of the same, . *■ 1,092,642 00 

Number of open accounts, 16,540 

Number and am' t of deposits received for the previous year, 7,439 781,911 19 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 758 421,108 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



343 



Number and amount of withdrawals, .... 8,981 $788,834 17 
Number of accounts opened during the previous year, . 1,884 
Number of accounts closed during the previous year, . 1,548 

Amount of the expenses of the corporation during the previous 

year, 14,856 00 

Amount of treasurer's bonds, 50,000 00 

Date of examination by Commissioner, May 18. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 5-20s, . 


$330,500 


$357,672 00 


$330,500 -00 


" " " 6s, 1881, 


320,000 


353,600 00 


320,000 00 


" " " 10-40s, . 


21,500 


23,276 00 


21,500 00 


State Bonds — 








State of Vermont, .... 


$5,000 


$5,075 00 


$5,000 00 


of Massachusetts, . 


6,000 


6,600 00 


6,000 00 


of Rhode Island, 


77,000 


81,620 00 


77,000 00 


of Maine, .... 


20,000 


22,400 00 


20,000 00 


City and Town Bonds — 








City of New Bedford, 


$5,000 


$5,600 00 


$5,000 00 


of Worcester, . 




136,000 


149,600 00 


136,000 00 


of Boston, 




44,000 


46,200 00 


44,000 00 


of Fitchburg, . 




20,000 


22,200 00 


20,000 00 


of Roxbury, 1882, . , 




26,000 


26,520 00 


26,000 00 


of Lynn, . 




50,000 


55,000 00 


50,000 00 


of Lowell, 




30,000 


33,000 00 


30,000 00 


of Newton, 




40,000 


45,600 00 


40,000 00 


Town of Brookline, . 




20,000 


23,400 00 


20,000 00 


of Westborough, . 




1,000 


1,070 00 


1,000 00 


of Natick, 




10,000 


11,000 00 


10,000 00 


City of New London, Conn., 




25,000 


29,375 00 


25,000 00 


of Norwich, Conn., . 




52,000 


59,700 00 


52,000 00 


of Meriden, Conn., . 




26,000 


29,120 00 


26,000 00 


of Manchester, N.H., 




38,000 


41,800 00 


38,000 00 


of Nashua, N.H., . 




33,000 


36,300 00 


33,000 00 


Town of Grafton, . 




3,000 


3,000 00 


3,000 00 


City of Somerville, .... 


10,000 


10,750 00 


10,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston, . 
Atlas Nat'l Bank, Boston, 
Blackstone Nat'l Bank, Boston, 
Boylston Nat'l Bank, Boston, . 
Columbian Nat'l Bank, Boston, 
Continental Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
Faneuil Hall Nat'l Bank, Boston, 
First Nat'l Bank, Boston, 



$5,400 

37,500 

18,400 

1,400 

5,400 

12,000 

9,000 

$2,000 

25,000 



$7,182 00 

43,312 50 

19,734 00 

1,645 00 

7,587 00 

12,240 00 

9,720 00 

$2,665 00 

46,312 50 



$5,400 00 

37,500 00 

18,400 00 

1,400 00 

5,400 00 

12,000 00 

9,000 00 

$2,000 00 

25,000 00 



344 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 






Amount Invested. 






Market Value. 




Freeman's Nat'l Bank, Boston, 


17,200 


18,619 


00 


17,200 00 


Globe Nat'l Bank, Boston, 


3 


100 


3,410 


00 


3,100 00 


Hamilton Nat'l Bank, Boston, 


18 


000 


21,285 


00 


18,000 00 


Howard Nat'l Bank, Boston, . 


15 


000 


16,809 


00 


15,000 00 


Market Nat'l Bank, Boston, . 


7 


400 


7,881 


00 


7,400 00 


Massachusetts Nat'l Bank, Boston, . 


11 


000 


12,100 


00 


11,000 00 


Merchants' Nat'l Bank, Boston, 


12 


500 


16,734 00 


12,500 00 


New England Nat'l Bank, Boston, . 


19 


900 


26,715 


00 


19,900 00 


North Nat'l Bank, Boston, 


4 


700 


5,532 


00 


4,700 00 


Old Boston Nat'l Bank, Boston, 


3 


250 


4,030 


00 


3,250 00 


Second Nat'l Bank, Boston, 


35 


200 


50,080 


00 


35,200 00 


Shawmut Nat'l Bank, Boston, . 


17 


300 


20,414 00 


17,300 00 


Shoe and Leather Nat'l B'k, Boston, 


13 


400 


15,879 


00 


13,400 00 


State Nat'l Bank, Boston, 


11 


300 


12,288 


00 


11,300 00 


Suffolk Nat'l Bank, Boston, . 


3 


400 


4,115 


00 


3,400 00 


Tremont Nat'l Bank, Boston, . 


15 


600 


17,238 


00 


15,600 00 


Washington Nat'l Bank, Boston, 


19 


000 


24,937 


00 


19,000 00 


Commerce Nat'l Bank, Boston, 


24 


000 


25,440 


00 


24,000 00 


North America Nat'l Bank, Boston, 


7 


800 


8,463 


00 


7,800 00 


Redemption Nat'l Bank, Boston, 


9 


300 


12,113 


00 


9,300 00 


Republic Nat'l Bank, Boston, . ■ 


21 


000 


27,405 


00 


21,000 00 


City Nat'l Bank, Boston, 


20 


800 


23,972 


00 


20,800 00 


Eagle Nat'l Bank, Boston, 


11 


000 


11,880 


00 


11,000 00 


Exchange Nat'l Bank, Boston, 


4 


900 


8,085 


00 


4,900 00 


Hide and Leather Nat'l Bank, Boston, 


30 


800 


34,496 


00 


30,800 00 


Revere Nat'l Bank, Boston, 


50 


000 


54,500 


00 


50,000 00 


Union Nat'l Bank, Boston, 


7 


100 


9,656 


00 


7,100 00 


Webster Nat'l Bank, Boston, . 


30 


000 


30,675 


00 


30,000 00 


Blackstone Nat'l Bank, Uxbridge, . 


1 


000 


1,300 


00 


1,000 00 


Fitchburg Nat'l Bank, Fitchburg, . 


5 


100 


7,012 


50 


5,100 00 


Grafton Nat'l Bank, Grafton, . 


4 


500 


4,950 


00 


4,500 00 


Lancaster Nat'l Bank, Lancaster, 


2 


300 


2,115 


00 


2,300 00 


Leicester Nat'l Bank, Leicester, 


5 


500 


6,325 


00 


5,500 00 


Millbury Nat'l Bank, Millbury, 


10 


'800 


12,420 


00 


10,800 00 


Oxford Nat'l Bank, Oxford, . 


4 


800 


6,000 


00 


4,800 00 


Southbridge Nat'l B'k, Southbridge, 


3 


000 


3.750 


00 


3,000 00 


Ware Nat'l Bank, Ware, 


1 


000 


1,250 


00 


1,000 00 


Third Nat'l Bank, Springfield, 


20 


000 


31,000 


00 


20,000 00 


Central Nat'l Bank, Worcester, 


28 


100 


39,340 


00 


28,100 00 


Citizens' Nat'l Bank, Worcester, 


24 


800 


30.256 


00 


24,800 00 


City Nat'l Bank, Worcester, . 


29 


500 


36,775 


00 


29,500 00 


Mechanics' Nat'l Bank, Worcester, . 


13 


300 


16,295 


00 


13,300 00 


Quinsigamond Nat'l B'k, Worcester, 


20 


600 


25,338 


00 


20,600 00 


Worcester Nat'l Bank, Worcester, . 


79 


800 


103,740 


00 


79,800 00 



Railroad Bonds. 






Old Colony Railroad bonds, 


$154,000 


1169,785 00 


$154,000 00 


Fitchburg Railroad bonds, 


30,000 


32,400 00 


30,000 00 


Worcester and Nashua R.R. bonds, . 


260,000 


260,000 00 


. 260,000 00 


Boston and Lowell Railroad bonds, 


25,000 


26,768 75 


25,000 00 


Boston and Maine Railroad bonds, . 


30,000 


33,000 00 


30,000 00 


Boston and Albany Railroad bonds, . 


200,000 


226,115 00 


200,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



345 



WORCESTER FIVE CENTS SAVINGS BANK — WORCESTER. 

Incorporated April 1, 1854. Number of corporators, 256. 

George W. Richardson, President. Treasurer, George W. Wheeler. 



Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,996,668 80 


Public funds, .... 


$434,500 00 


Earnings, undi- 




Loans on public funds, . 


3,000 00 


vided, 


6,491 93 


Bank stock, .... 


169,600 00 


Guarantee fund, 


5,000 00 


Loans on bank stock, 


12,425 00 






Railroad bonds, 


29,000 00 






v Real estate by foreclosure, 


7,875 00 






Loans on real estate, 


946,1100 00 






Loans on personal security, . 


20,000 00 






Loans to counties, cities, or 








towns, 


209,fl00 00 






Deposits in banks on interest, 


143,327 96 






""Premium account, . 


27,830 13 






Expense account, 


2,262 58 






Cash on hand, .... 


1,540 06 




$2,008,160 73 


$2,008,160 73 



Loans on Public Funds — amount on each : 
On $2,000 United States bonds, 
On $1,000, city of Worcester bonds, . 



$2,000 00 
1,000 00 



Loans on Bank Stock — amount on each : 
On 8 shares Central National Bank, Worcester, 
On 100 shares City National Bank, Worcester, 
On 5 shares Worcester National Bank, Worcester, 
On 15 shares Grafton National Bank, Grafton, 



$700 00 

10,000 00 

500 00 

1,225 00 



Amount of real estate held by foreclosure, 
Estimated value of real estate, . 



$7,875 00 
9,000 00 



Cash on deposit in Banks : 
City National Bank, Worcester, 
First National Bank, Worcester, 
Quinsigamond National Bank, Worcester, 
Security National Bank, Worcester, . 



$86,134 84 

8,775 00 

19,753 79 

33,664 33 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, . . . . • > 2-J per cent., 

Times for the dividends fixed by the by-laws : January and July. 

The total amount of loans with each specified rate of interest: 
$25,000, 44. per cent. ; 155,000, 4 T 7 „ per cent. ; $72,000, 5 per cent. ; 
$998,225, 6 per cent. ; $42,000, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 403 

44 



:{ 



$109,886 22 
43,391 08 
45,752 19 



346 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same, 

Number of open accounts, 8,462 

Number and ain't of deposits received for the previous year, 5,549 
Number and amount of deposits of, and exceeding, three hundred 
dollars at any one time for the previous year, . . . 248 
Number and amount of withdrawals, .... 8,780 

Number of accounts opened during the previous year, . 1,128 
Number of accounts closed during the previous year, . . 891 
Amount of the expenses of the corporation during the previous 



year, 



Amount of treasurer's bonds, .... 
Date of examination by Commissioner, June 8. 



$552,800 00 

315,148 81 

162,093 32 
254,624 98 



5,096 48 
20,000 00 



Public Funds. 



Far Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 

City 4 and Town Bonds — ■ 
City of Boston 5s, gold, . 
Town of Brookl ine 7s, currency, 
City of Cambridge 6s, currency, 
of Lowell 6s, currency, 
of New London, Conn., 7s, cur 
of Newton 6s, currency, . 
of Salem 5s, currency, 
of Springfield 7s, currency, 
of Worcester 6s, currency, 
of Lynn, currency, . 



$220,000 



$10,000 

5,000 

25,000 

27,000 

14,000 

25,000 

3,000 

12,000 

88,500 

5,000 



,$236,112 00 


$10,450 00 


5,800 


00 


26,000 


00 


29,700 


00 


15,960 


00 


27,750 


00 


3,030 


00 


14,160 


00 


93,785 


00 


5,100 


00 



$242,797 50 



$10,000 00 

5,000 00 

25,000 00 

27,000 00 

14,000 00 

26,750 00 

3,000 00 

12,000 00 

89,223 75 

5,100 00 



Bank Stock. 



Atlas Nat'l Bank, Boston, 


$5,000 


$5,750 


00 


$5,000 00 


Eagle Nat'l Bank, Boston, 


10,000 


10,800 


00 


10,000 00 


Eliot Nat'l Bank, Boston, 


9,200 


9,936 


00 


9,200 00 


First Nat'l Bank, Boston, 


6,700 


12,395 


00 


6,700 00 


Hamilton Nat'l Bank, Boston, . 


5,000 


5,900 


00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,400 


00 


7,500 00 


Howard Nat'l Bank, B.oston, . 


10,000 


11,200 


00 


10,000 00 


Merchants' Nat'l Bank, Boston, 


5,000 


6,700 


00 


5,000 00 


Commerce Nat'l Bank, Boston, 


5,900 


6,254 


00 


5,900 00 


North Nat'l Bank, Boston, 


800 


936 


00 


800 00 


Shawmut Nat'l Bank, Boston, . 


5,000 


5,800 


00 


5,000 00 


State Nat'l Bank, Boston, 


5,000 


5,400 


00 


5,000 00 


Traders' Nat'l Bank, Boston, . 


5,000 


5,150 


00 


5,000 00 


Webster Nat'l Bank, Boston, . 


5,000 


5,100 


00 


5,000 00 


Central Nat'l Bank, Worcester, 


7,000 


9,100 


00 


7,000 00 


Citizens' Nat'l Bank, Worcester, 


700 


840 


00 


700 00 


City Nat'l Bank, Worcester, . 


16,800 


21,000 


00 


16,800 00 


Mechanics' Nat'l Bank, Worcester, 


6,400 


7,680 


00 


6,792 00 


Quinsigamond Nat'l B'k, Worcester, 


13,900 


16,680 00 


13,900 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



347 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Worcester Nat'l Bank, Worcester, . 


$2,000 


$2,560 00 


$2,000 00 


First Nat'l Bank, Leominster, . 


5,000 


5,650 00 


5,600 00 


Grafton Nat'l Bank, Grafton, . 


5.000 


5,500 00 


5,000 00 


Leicester Nat'l Bank, Leicester, 


3,000 


3,450 00 


3,000 00 


Millbury Nat'l Bank,. Millbury, 


10,700 


12,305 00 


10,700 00 


Northboro' Nat'l Bank, Northboro', 


3,000 


3,600 00 


3,000 00 


Spencer Nat'l Bank, Spencer. . 


5,000 


5,000 00 


5,000 00 


Wachusett Nat'l Bank, Fitchburg, . 


5,000 


3,000 00 


5,000 00 


Westminster Nat'l B'k, Westminster, 


1,000 


1,000 00 


1,000 00 



Railroad Bonds. 



Worcester and Nashua R.R. bonds, . 




$29,000 00 



WORCESTER MECHANICS' SAYINGS BANK — WORCESTER. 

Incorporated April 15, 1851. Number of corporators, 3. 
Harrison Bliss, President. Treasurer, Henry Woodward. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


13,045,935 26 


Public funds, .... 


$491,300 00 


Earnings, undi- 




Loans on public funds, . 


1,000 00 


Aided, 


38,085 88 


Bank stock, .... 


266,200 00 


Guarantee fund, 


10,000 00 


Loans on bank stock, . 


10,000 00 






Railroad bonds, 


72,500 00 






Roal estate bv foreclosure, 


59,776 39 






Loans on reai estate, 


1,706,705 20 






Loans on personal security, . 


148,541 5L 






Loans ou railroad stock, . 


10,225 00 






Loans to counties, cities, or 








towns, 


116,000 00 






Deposit in banks on interest, . 


166,679 38 






Expense account, 


3,1(58 58 




. 


Premium account, . 


33,822 00 






Cash on band, .... 


8,103 08 




$3,094,021 14 


$3,094,021 14 



Loans on Public Funds — amount on each: 
On $1,000 United States bonds, . 



Loans on Bank Stock — amount on each : 
On 90 shares Wachusett National Bank, Fitchburg, . s 

On 5 shares Leicester National Bank, Leicester; 5 shares City Na- 
tional Bank, Worcester ; and 4 shares Central National Bank, 
Worcester, .'.'.,,,..... 



$1,000 00 

$8,100 00 

1,300 00 



348 



BANK COMMISSIONERS' REPORT. 



[Jan. 



On 14 shares Mechanics' National Bank, Worcester, 

Amount of real estate held by foreclosure, 
* Estimated value of real estate, 



$600 00 

$59,776 39 
59,776 39 



Cash on deposit in Banks : 

Mechanics' National Bank, Worcester, $122,819 27 

Commerce National Bank, Boston, 43,860 11 

Whole amount of interest or profits received or earned, . 
Rate and amount of each semi-annual dividend ) 2\ per cent., . ( 

. ) 2| per cent., . ( 



$187,629 43 
71,700 26 
72,028 16 



for the previous year, > 2i per cent., 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$30,000, 3i per cent. ; $4,000, 4 per cent. ; $68,000, 5 per cent. ; 

$1,844,447.60, 6 per cent. ; $10,000, 6i per cent. ; $33,799.11, 7 per 

cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 522 

Aggregate amount of the same, 726,866 90 

Number of open accounts, 6,366 

Number and ain't of deposits received for the previous year, 2,970 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 340 
Number and amount of withdrawals, . . . 4,114 

Number of accounts opened during the previous year, . . 777 
Number of accounts closed during the previous year, . . 700 
Amount of the expenses of the corporation during the previous 

year, 

Amount of treasurer's bonds, 10,000 00 

Date of examination by Commissioner, April 20. 



352,991 86 

198,014 56 

418,187 88 



8,755 00 



Public Funds. 







Estimated 






Par Value. 




Amount Invested. 






Market Value. 




United States bonds, 


$251,300 


$269,355 12 


$255,262 88 


City and Town Bonds — 








City of AVorcester, .... 


$108,000 


$112,320 00 


$109,281 24 


of Springfield, . 




34,000 


37,740 00 


35,700 00 


of Burlington, Vt., . 




25,000 


25,750 00 


25,000 00 


of Cambridge, . 




25,000 


27,500 00 


26,537 50 


of New London, Conn., . 




20,000 


21,000 00 


21,000 00 


of Norwich, Conn., . 




10,000 


10,500 00 


10,250 00 


of Rockland, Me., . 




7,000 


7,070 00 


7,070 00 


Town of Brookline, . 




7,000 


7,420 00 


7,350 00 


of Westborough, 




4,000 


4,100 00 


4,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



349 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City Nat'l Bank, Boston, 
Commerce Nat'] Bank, Boston, 
Redemption, Nat'l Bank, Boston, 
Boston Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston, 
North Nat'l Bank, Boston, 
Republic Nat'l Bank, Boston, . 
Merchants' Nat'l Bank, Boston, 
Traders' Nat'l Bank, Boston, . 
Market Nat'l Bank, Boston, . 
Revere Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 
Suffolk Nat'l Bank, Boston, ' . 
City Nat'l Bank, Worcester, . 
Mechanics' Nat'l Bank, Worcester, 
Central Nat'l Bank, Worcester, 
Worcester Nat'l Bank, Worcester, 
Citizens' Nat'l Bank, Worcester, 
Quinsigamond Nat'l B'k, Worcester 
First Nat'l Bank, Worcester, . 
Grafton Nat'l Bank, Grafton, . 
Southbridge Nat'l B'k, Southbridge 
Millbury Nat'l Bank, Millbury, 
First Nat'l Bank, Clinton, 
Franklin Nat'l Bank, Franklin, 
Wachusett Nat'l Bank, Fitchburg, 
First Nat'l Bank, Westminster, 
Leominster Nat'l Bank, Leominster, 



$10,000 

22,700 
5,000 

11,300 
8,600 

10,000 
3,400 
7,000 
5,500 

10,000 

20.000 
9,900 
5,900 

18,000 

35,400 
8,400 
9,500 

11,500 
1,600 
1,200 

11,400 

• 3,500 

4,300 

1,000 

5,100 

14,000 
2,000 

10,000 



$11,500 


00 


24,062 


00 


6,500 


00 


12,656 


00 


9,288 


00 


10,800 


00 


4,080 


00 


9,680 


00 


5,565 


00 


10,600 00 


21,800 


00 


10,989 


00 


7.080 00 


23,040 00 


44,604 00 


11,760 


00 


12,065 


00 


13,800 00 


1,920 


00 


1,740 


00 


12,540 00 


4,375 


00 


5,075 


00 


1,120 


00 


5,712 


00 


7,280 


00 


2,000 


00 


11,200 


00 



$12,025 00. 

25,791 00 

7,050 00 

11,459 37 

10,028 75 

10,568 75 

4,471 00 

9,327 50 

5,568 "(5 

10,875 00 

20,000 00 

11,008 00 

7,238 25 

18,000 00 

40,609 69 

9,167 50 

10,222 00 

15,662 50 

1,735 50 

1,656 00 

10,720 00 

3,780 00 

5,220 00 

1,120 00 

5,715 00 

14,000 00 

2,000 00 

11,200 00 



Railroad Bonds. 



Boston & Albany Railroad bonds, 
Worcester and Nashua R.R. bonds, 




$20,000 00 
52,500 00 



350 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER NORTH SAVINGS INSTITUTION — FITCHBTTRG. 

Incorporated May 26, 1868. Number of corporators, 98. 
Augustus Whitman, President. Treasurer, Henry A. Willis. 

Statement. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$1,292,097 65 


Public funds, .... 


$56,042 28 


Earnings, undi- 




Bank stock, • . . 


94,926 50 


vided, 


31,681 34 


Loans on bank stock, 


20,300 00 


Rent, . 


95 67 


Railroad bonds, 


33,5:56 25 


Guarantee fund, 


6,473 06 


Real estate by foreclosure, 


13,045 27 






Loans on real estate, 


701,448 92 






Loans on personal security, . 


256,075 00 






Loans on railroad stock, . 


3,400 00 






Loans to counties, cities, or 








towns, . 


115,190 87 






Deposit in banks on interest, . 


26,000 00 






Expense account, 


840 26 






Cash on band, .... 


3,542 37 




.$1,330,347 72 


$1,330,347 72 



Real estate acquired by foreclosure, $13,045 27 

Estimated value of the same, 12,800 00 

Loans on Bank Stock — amount on each : 

On 25 shares Fitchburg National Bank, Fitchburg, . . . $2,000 00 

On 40 shares First National Bank, Leominster, .... 4,000 00 

On 170 shares Safety Fund National Bank, Fitchburg, . . . 12,000 00 
On 7 shares Atlas National Bank, Boston ; on 3 shares Rollstone 

National Bank, Fitchburg, 800 00 

On 30 shares Rollstone National Bank, Fitchburg, .... 500 00 

On 120 shares Wachusett National Bank, Fitchburg. . . . 7,000 00 

Loans on Railroad Stock — amount on each : 

On Fitchburg Railroad stock, par value, $5,350, .... $3,400 00 



Cash on deposit in Banks : 
Rollstone National Bank, Fitchburg, 



Whole amount of interest or profits received or earned, . 

Rate and amount of each semi-annual dividend ) 2-£- per cent., . f 
for the previous year, > 2£ per cent., . ( 

Times for the dividends fixed by the by-laws : January 1 and July 1. 

The total amount of loans with each specified rate of interest: 
$10,107, 5 per cent. ; $134,402.75, 6 per cent. ; $6S3,648.92, 6£ per 
cent. ; $274,256.12, 7 per cent. 

Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, 384 

Aggregate amount of the same, . 

Number of open accounts, 3,207 



$26,000 00 

$69,079 13 
30,939 97 
31,147 75 



471,673 92 



1878.J 



PUBLIC DOCUMENT — No. 8. 



351 



Number and am't of deposits received for the previous year, 1,835 $226,312 32 
Number and amount of deposits of, and exceeding, three hundred 

dollars at any one time for the previous year, . . . 238 107,354 03 
Number and amount of withdrawals, . . . . 2,078 265,400 21 
Number of accounts opened during the previous year, . * . 600 
Number of accounts closed during the previous year, . . 532 
Amount of the expenses of the corporation during the previous 

year,. . .' . 3,472 96 

Amount of treasurer's bonds, 20,000 00 

Amount of clerk's bonds, 10,000 00 

Date of examination by Commissioner, May 14. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881, 



$50,000 



$54,187 50 



$56,042 28 



Bank Stock. 



Rollstone Nat'l Bank, Fitchburg, 


$10,500 


$17,325 00 


$15,446 00 


Boston Nat'l Bank, Boston, 


10,000 


11,450 00 


12,248 75 


First Nat'l Bank, Leominster, 


10,000 


11,200 00 


11,200 00 


Webster Nat'l Bank, Boston, . 


5,000 


5,100 00 


5,287 50 


Blackstone Nat'l Bank, Boston, 


5,000 


5,350 00 


6,190 00 


Commerce Nat'l Bank, Boston, 


5,000 


5,300 00 


6,229 00 


Atlas Nat'l Bank, Boston, 


5,000 


5,750 00 


5,750 00 


Eliot Nat'l Bank, Boston, 


5,000 


5,400 00 


6,050 00 


Merchants' Nat'l Bank, Boston, 


5,000 


6,675 00 


6,640 25 


Eagle Nat'l Bank, Boston, 


5,000 


5,400 00 


5,600 00 


City Nat'l Bank, Boston, . 


5,000 


5,750 00 


5,500 00 


Exchange Nat'l Bank, Boston, 


5,000 


8,250 00 


8,785 00 



Railroad Bonds. 



Boston and Albany Railroad bonds, . 
Vt. and Massachusetts R.R. bonds, . 



$13,000 
20,000 



£15,015 00 
21,400 00 



$13,536 25 
20,000 00 



352 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORONOCO SAVINGS BANK — WESTFIELD. 

Incorporated 1871. Number of corporators, 25. 

Samuel Horton, President. Treasurer, Royal Weller. 

Statement. 



Liabilities. 


• 
Assets. 


Value on Books. 


Deposits, . 


$551,555 36 


Public funds 


$44,034 85 


Earnings, undivided, 


4,970 88 


Loans on public funds, . 


6,773 69 


Guarantee fund, 


1,352 83 


Bank stock, .... 


3,7»;0 00 






Loans on bank stock, 


3,ono oo 






Loans on real estate, 


353,079 54 






Loans on personal security, . 


102,065 00 






Loans to counties, cities, or 








towns, 


5.000 00 






Expense account, 


359 76 




• 


Deposit in banks, 


39,716 23 




$557,879 07 


$557,879 07 



Loans on Public Funds — amount on eacli: 
On United States bonds, par value, $8,500, 

Loans on Bank Stock — amount on each: 

On 11 shares First National Bank, Westfield, 

On 27 shares Hampden National Bank, Westfield, .... 

Cash on deposit in Banks : 

Hampden National Bank, Westfield, 

Suffolk National Bank, Boston, 

Whole amount of interest or profits received or earned. . 
Rate and amount of each semi-annual dividend ) 2£ per cent., 
for the previous year, . . . . j" 2} per cent., 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans with each specified rate of interest: 

$7,750, 6£ per cent. ; $462,25S.23, 7 per cent. 
Number of outstanding loans which are of an amount not exceed- 
ing three thousand dollars each, ...... 204 

Aggregate amount of the same, 

Number of open accounts, . . . . . . . 1,307 

Number and am't of deposits received for the previous year, . 976 

Number and amount of deposits of, and exceeding, three hundred 

dollars at any time for the previous year, . . . .95 

Number and amount of withdrawals, ..... 925 

Number of accounts opened during the previous year, . . 240 
Number of accounts closed during the previous year, . . 178 
Amount of the expenses of the corporation during the previous 
jar . 



,773 69 



$990 00 
2,100 00 



$23,916 23 
15,800 00 

$36,242 79 
12,863 84 
12,816 43 



ye; 



Amount of treasurer's bonds, . 

Date of examination by Commissioner, June 7. 



250,408 23 

123,991 62 

64,179 08 
111,109 62 



849 90 
10,000 00 



1878.] 



PUBLIC DOCUMENT — No. 8. 



353 



Public Funds. 





Par Value. 


Estimated 
Marlset Value. 


Amount Invested. 


United States bonds, 

• 


$41,500 


$43,829 50 


$44,034 85 


Bank Stock. 


Hampden JNat ; l Bank, Westfield, . 


$2,500 


$3,750 00 


$3,760 00 



45 



354 



BANK COMMISSIONERS' REPORT. 



[Jan, 



AGGKEGATE STATEMENT. 



Liabilities. 


Assets. 


Value on Books. 


Deposits, . 


$244,590,614 18 


Public funds, .... 


*$33,229,591 73 


Guarantee, . 


914,647 78 


Loans on public funds, . 


1,259,706 86 


Surplus, 


4,267,923 08 


Bank stock, .... 


26,154,389 01 


Sundries, . 


373,879 92 


Loans on bank stock, 


1,224,288 15 






Railroad bonds, 


9,076,156 17 






Loans on railroad bonds, 


133,138 87 






Real estate, .... 


2,840,703 58 






Real estate by foreclosure, 


5,091,878 76 






Loans on real estate, 


116,241,038 35 






Loans on personal security, . 


34,124,849 37 






Loans to counties, cities or 








towns, 


10,170,049 30 






Deposits in banks on interest, 


6,950,799 70 






Sundries, 


12,135,179 94 






Cash on hand, .... 


1,521,295 17 


* 


$250,153,064 96 


$250,153,064 96 



Whole amount of interest or profits received or earned, . 
Percentage of earnings to total assets, .... 

Rate of ordinary dividends paid by 177 Banks : 

2 at 2 per cent. ) . 15 at 4% P er cent. 
6 at 2-J per cent. > ' 1 at 4| per cent. 

3 at 4 per cent. 146 at 5 per cent. 



$15,248,062 09 
u ioo 



1 at 5^ per cent. 

2 at 5| per cent. 
1 at 5-£ per cent. 



Amount of 

$183,449.82, 

165,000.00, 

250,000.00, 

2,905,000.00, 

1,392,800.00, 

55,000.00, 

27,000.00, 

13,785,476.24, 

90,000.00, 

30,000.00, 



loans, with 



3J 
4 

44 



per ct. 

per ct. 

per ct. 

per ct. 

per ct. 
4 T 7 oPerct. 
4| per ct. 
5 per ct. 
5J per ct. 
5| per ct. 



specified rates 

$2,956,801.83, 

233,000.00, 

48,387,907.80, 

754,630.00, 

11,894.84, 

60,000.00, 

10,393,228.73, 

229,000.00, 

150,000.00, 

10,500.00, 

117,700.00, 



of interest 



per ct. 

per ct. 

per ct. 

per ct. 
tipper ct. 
6i 4 o 5 oP ei 'ct. 
6^ per ct. 

per ct. 

per ct. 

per ct. 

per ct. 



6 
6i 



8| 



J55,8S1, 881.94, 

23,000.00, 

7,147,155.17, 

75,000.00, 

5,784,565.54, 

6,000.00, 

9,662,436.05, 

2,750.00, 

24,500.00, 

21,725.00, 



7 per ct. 
7i per ct. 

Vo P er ct * 

7^ per ct. 

7-J per ct. 

7f per ct. 

8 per ct. 
8$ per ct. 

9 per ct. 

10 per ct. 



Aggregate amount of ordinary dividends for the previous year, $11,193,795 13 
Rate of ordinary dividends for the previous year, 5 per cent. 

* Amount invested in United States bonds, $16,246,152.54. Amount of state, county, city, and 
town bonds, $16,983,439.19. 

t This item includes loans on railroad stock, accrued interest, premium and expense accounts, 
&c. 



\T,PHABET!CAi «ST OF THE SAVINGS BANKS, WITH STATEMENTS 01' THli^ .LIABILITIES AND ASSETS AT THE CLOSE OP BUSINESS, OCTOBER 31 1877 




ALPHAWtt££L iii^T OF THE SAVINGS BANKS, WITH STATEMENTS OF THE, ( LIABILITIES AND ASSETS AT THE CLOSE OF BUSINESS, OCTOBER 31, i 877i 



— 1 




Amount of Sur- 




Sundry 


Total Amount of 




Loans on 




Loans on 




Loans on 


Invested in 


Loans on Mortgage 


Loans on 


Loans to Counties, 


Deposits in Banks 





"" 






NAMES OF BANKS. 


Amount of Deposits. 


plus on Hand. 


Guarantee Fund 


Liabilities. 


Liabilities. 


Fublic Funds. 


Public Funds. 


Bank Stock. 


Bani Stock. 


l<ai,. oau BondB. 


Railroad Bonds. 


Real Estate. 


of Real Estate. 


Personal Security. 


Cities or Towns. 


bearing Interest. 


Cash on Hand. 


Sundry Assets. 


Total Amount of 
Assets. 




x 




§882,232 04 


822,005 43 


$2,300 00 




$900. 53S 07 


$81,657 50 


$2,330 00 


$157,186 62 


$7,390 00 


$53,711 70 


_ 


$6,205 70 


$512,417 34 


$59,717 21 


$19,000 00 


$5,719 28 


$1,114 33 


$88 39 






2 


Amherst S;iyin"S Hank, • • ■ 


462,173 33 


1,818 64 


1.506 96 


- 


465,498 93 


40,000 00 


500 00 


45,000 00 


5,700 00 


32,5» 00 


$900 00 


13,755 37 


229,593 00 


39,509 71 


52,200 00 


- 


5,8V) 85 


£906,538 07 


1 


3 


A.IHI0V1T S:tvill"S Bank, . « • 


1,542,363 34 
650,729 IS 


39,159 10 


5,000 00 


- 


1,580,522 44 


527,000 00 


1,400 00 


126,600 00 


107 00 


254,005 00 


- 


9,000 00 


573,564 40 


74,090 13 


20,000 00 


17 58 


743 39 




465,498 93 

1,586.522 4 4 
667,325 14 


2 


4 


Arlington Five Cents Savings Bank, 


9,113 91 


7,082 05 


$400 00 


607,325 14 


32,000 00 


- 


22,624 75 


- 


5,050 00 


- 


55,246 64 


444,739 38 


46,063 87 


45,300 00 


15,474 64 


119 3l 


706 51 

7 25 

691 61 

\ 83 33 
2o,, 7 23 

L 5) 


3 


5 




29,077 20 


434 43 


100 00 


— 


29,611 63 


3,13.5 00 


— 


7,837 25 


2,000 00 


- 


— 


- 


11,877 60 


1,400 00 


3,000 00 


135 13 


219 40 


4 


6 


Athol Savings Bank, . • • 


805.(i!i") 99 


6,038 49 


3,937 50 


- 


815,071 98 


70,000 00 


3,200 00 


18,200 00 


26,050 00 


- \ 


- 


1,684 39 


441,235 00 


147,395 23 


81,680 00 


25,000 00 


535 75 


29,611 63 
815,071 98 


5 


7 


At 1 lebiwi aiuO S;ivijiiis Bank, . . 


303,839 39 


2,872 9S 


3,300 00 


- 


310,012 37 


14,000 00 


- 


- 


- 


- V 


- 


1,412 19 


209,504 00 


61,124 00 


20,500 00 


- 


3,388 85 


6 


8 


Barnstable Savings Bank,! 


1,291,302 05 
324,074 06 


- 


3,476 03 


1,750 00 


1,290,52.8 08 


- 


800 00 


251,505 00 


1,250 00 


~ 1 - 


138,687 00 


626,531 50 


235,392 68 


- 


15,863 95 


1,290 72 


310,012 37 
1,296,528 08 1 


7 


9 


Ban'6 Savings Bank, ... 


0,608 14 


810 00 


- 


332,092 20 


7,470 00 


- 


148,903 41 


- 


6,060 00 


_ 


5,000 00 


124.568 07 


30,260 48 


- 


9,703 34 




8 


10 


Bass Eiver Savings Bank, 


229,272 82 


2.S11 40 


623 20 


20,000 00 


252,707 42 


2,000 00 


■* 800 00 


114,893 62 


300 00 


10,436 45 


- 


- 


33,325 00 


82,056 73 


5,500 00 


- 


3,395 62 


332,092 20 1 
252,707 42 \ 


9 
10 


11 


Benjamin Franklin Savings Bank, . 


247,375 (lit 


4,521 89 


1.7S9 77 


- 


254,186 66 


21,223 50 


- 


54,326 12 


- 


2,043 33 


_ 


3,000 00 


143,452 80 


21,540 00 


_ 


4,028 99 


3,393 98 


1,177 94 


L< 




12 


Berkshire County Savings Bank, 


1,804,43S 67 
516,972 16 


21,020 10 


5,000 00 


- 


1,890,458 77 


335,000 00 


2,000 00 


100,620 00 


37,560 00 


10,000 00 


- 


80,283 40 


863,763 97 


283,724 74 


147,300 00 


- 


19,244 66 


4,962 00 


*S4186 06 


11 


13 


Beverly Savings Bank, 

Boston Five Cents Savings Bank, . 


3,015 92 


1,926 02 


- 


521,914 10 


10,793 75 


200 00 


165,434 98 


0,400 00 


1,500 00 


- 


16.452 64 


303,293 29 


9,150 00 


- 


- 


8,688 34 


1 10 


'&*» " 


12 


14 


13,560,278 87 


215,911 04 


51,104 38 


- 


13,827,294 29 


2,76S,000 00 


80,859 24 


392,9S7 50 


104,100 00 


240,000 00 


- 


305,738 71 


7,417,228 26 


807,795 00 


718,000 00 


754,856 06 


17,450 29 


160,279 23 


13,82-:^ in 


13 


•15 


Boston Penny Savings Bank, . 


1,072,856 88 


11,687 97 


4,147 70 


- 


1,088,692 55 


58,750 00 


350 00 


73,640 62 


4,550 00 


5,012 50 


- 


116,000 00 


576,650 00 


158,900 00 


- 


74,579 72 


5,800 66 


14,453 05 


1,088,6 


14 


16 


Be Savings Bank, . 


77,925 64 


4,507 01 


188 86 


- 


82,621 51 


4,178 50 


- 


8,718 25 


- 


942 84 


- 


4,462 66 


54,375 00 


1,100 00 


1,500 00 


3,S89 07 


362 00 


3,093 19 


82.021 Si 


15 


17 


Brighton Five Cents Savings Bank, 


265,415 27 


6,395 59 


671 34 


- 


272,482 20 


16.525 00 


- 


52,077 50 


- 


- 


- 


14,029 36 


171, S03 70 


9,550 00 


- 


2,310 99 


551 29 


5,634 36 


272.4-2 20 


Hi 


18 


Bristol County Savings Bank, . 


3,209,448 4S 


47,953 21 


15,712 20 


- 


3,273,113 89 


100,000 00 


1,825 00 


83.930 00 


2,575 00 


- 


- 


64,486 93 


2,258,514 98 


751,820 86 


- 


- 


7,021 36 


2,939 76 


3,273,113 S9 


1 


19 


Bridgewatel' Savings Bank, 


217,011) 72 


4,972 12 


586 87 


75 28 


222,653 99 


5,537 50 


- 


33,024 98 


- 


- 


- 


- 


144,731 00 


33,577 65 


- 


- 


5,182 S6 




222.053 99 


19 


20 


Broadway Savings Bank, . 


1,127,424 43 


5,053 71 


4,500 00 


23,000 00 


1,159,978 14 


21,400 00 


~ 


242,540 00 


9,100 00 


- 


- 


34,500 00 


770,519 31 


71,100 00 


- 


- 


10,812 83 




1,159,978 14 


20 


21 


Brookfield Savings Bank, . 


44,415 04 


1,932 46 


102 56 


- 


40,450 06 


1,000 00 


- 


- 


- 


_ 


_ 


_ 


26,900 00 


14,800 00 


_ 


022 76 


_ 


3,127 30 


40.450 00 


21 


22 


Brookline Savings Bank, . 


139,554 45 


2,809 59 


210 07 


275 00 


142,S49 11 


- 


- 


27.039 13 


- 


- 


- 


- 


77,602 50 


15,000 00 


8,400 00 


4,585 11 


2,789 94 


6,772 43 


142,849 11 


22 


23 


Cambridge Savings Bank, 


1,967,817 7S 


32,230 16 


4,900 00 


- 


2,004.947 94 


103,547 50 


2,500 00 


280,972 48 


400 00 


- 


- 


65,938 09 


1.197,010 SO 


88,200 00 


- 


262,579 79 


3,799 28 


- 


2,004,947 94 


23 


24 


Cambridgeport Savings Bank, . 


2,163,954 01 


35,335 00 


6,000 00 


- 


2,205,289 07 


- 


- 


127,359 37 


- 


- 


- 


2,540 96 


1,471,941 51 


411,200 00 


100,000 00 


90,000 00 


534 6S 


1,713 15 


2,205,289 67 


24 


25 


Canton Institution for Savings. 


344,066 28 


9,288 15 


2,478 22 


- 


355,832 65 


10,000 00 


- 


29,412 00 


9,000 00 


19,750 00 


- 


220 00 


232,181 00 


29,725 00 


12,000 00 


- 


13,544 65 


_ 


355.832 65 


25 


26 


Cape Ann Savings Bank, . 


1,067,027 27 


19,891 57 


S.300 00 


11 71 


1,095,230 55 


120,195 42 


500 00 


182,375 00 


14,200 00 


21,250 00 


- 


11,824 97 


571,0S5 00 


43,048 00 


110,500 00 


19,000 00 


1,241 21 


10 95 


1,095,230 5.5 


26 


27 


Cape Cod Five Cents Savings Bank, 


471,3:17 67 


15,649 4". 


3,405 93 


30,000 00 


520,393 05 


20,859 25 


- 


47,010 58 


- 


10,000 00 


- 


2,100 93 


93,058 29 


315,857 76 


9,500 00 


18,381 79 


3,334 93 


289 52 


520,393 oo 


27 


2S 


Central Savings Bank, 


1,150,274 02 


23,788 .".!) 


3,000 00 


- 


1,177,002 61 


23,000 00 


1,000 00 


211,421 25 


. 2,700 00 


- 


- 


80,500 00 


723,037 50 


102,627 60 


- 


32,776 26 


- 


- 


1.177.062 61 


28 


29 


Charleston n FiveCts. Savings Bank, 


3,441,262 77 


62,194 34 


8,500 00 


- 


3,511,957 11 


248,000 00 


4,S50 00 


716,388 50 


0,500 00 


179,000 00 


- 


262,700 00 


1,948,740 20 


39,500 00 


15,000 00 


50,455 95 


20,S22 46 


- 


3.511,957 11 


29 


30 


Chelsea Savings Bank, 


1,172,005 58 
466,261 75 


12,132 So 
6,977 06 


4,319 00 
901 36 


1,471 13 


1,189,928 56 

474,140 17 


231,391 25 


- 


72,453 31 


( 8,000 00 


- 


- 


32,99S 02 


783,546 7S 


11,000 00 


40,407 50 


7,572 55 


6S4 06 


1,870 09 


1,139.928 50 


30 


31 


: Ihicopee Savings Bank, . 


15,000 00 


- 


22,463 50 


_ 


12,000 00 


_ 


8,461 33 


357,701 00 


35,700 00 


11,400 00 


5,000 00 


6,354 34 


_ 


474,140 17 


31 


32 


Chicopee Falls Savings Bank, . 


13.094 72 


- 


21 93 


- 


19,016 05 


- 


- 


1,000 00 


- 


- 


- 


- 


7,775 00 


8,013 63 


550 00 


- 


1,509 94 


108 08 


19,010 65 


32 


33 


Savings Bank, . 


1,757,801 79 


124,942 40 


4,472 41 


55 08 


1,887,271 OS 


- 


- 


285,891 50 


J - 


- 


- 


- 


711,809 18 


881,350 00 


- 


- 


7,171 55 


1,049 45 


1,887,271 08 


33 


34 


City Five Cents Savings Bank,t 


923,007 70 


23,439 on 


2,500 00 


- 


948,947 09 


72,343 30 


11,400 00 


40,70.5 45 


7,200 00 


104,027 50 


- 


239,748 50 


386,272 68 


11,13S 00 


17,500 00 


51,857 43 


- 


694 83 


948,947 69 


34 


35 


City Institution for Savings, . 


3,427,5so 91 


177,033 50 


12,914 37 


- 


3,017,528 78 


172,000 00 


- 


675,130 00 


21,600 00 


223,500 00 


- 


- 


1,789,623 87 


320,395 74 


375,300 00 


37,094 50 


1,030 12 


1,254 55 


3,017.528 7S 


35 


36 


Clinton Savings Bank, 


665,430 40 


535 86 


2,000 00 


- 


668,016 26 


74,400 00 


1,700 00 


82,300 00 


16,100 00 


1S,000 00 


- 


- 


375,955 09 


89,459 17 


- 


- 


7,852 00 


2,250 00 


008,016 26 


36 


37 


Cohasset Savings Bank, . 


366,3S3 66 


6,017 83 


1,000 00 


- 


374,001 49 


15,000 00 


- 


58,700 00 


- 


35,000 00 


- 


16,500 00 


236,170 00 


- 


10,000 00 


- 


2,031 49 


- 


374,001 49 


37 


3S 


Crocker Institution for Savings, 


94,402 30 


1,468 91 


265 00 


2,000 00 


98,136 21 


- 


- 


4,800 00 


900 00 


- 


- 


- 


66,080 00 


17,S25 00 


0,000 00 


- 


2,284 21 


247 00 


98.136 21 


38 


39 


Danvers Savings Bank, 


1,0S3,577 91 


13,607 94 


6.953 69 


- 


1,104,139 54 


17,500 00 


1,100 00 


142,847 25 


25,675 00 


- 


- 


14.335 S3 


620,225 59 


208,853 13 


39,105 00 


22,791 12 


11,695 12 


11 50 


1.104,139 54 


39 


40 


Dedham Savings Bank, 


1,206,109 61 


07,204 65 


8,954 90 


- 


1,282,329 16 


138,177 00 


12,500 00 


79,234 63 


11,700 00 


81,176 25 


- 


26,500 00 


843,735 00 


15,425 00 


29,S50 00 


44,031 28 


- 


- 


1,282,329 16 


40 


41 


Dorchester Savings Bank, 


440.989 41 


13,201 37 


750 00 


- 


454,940 78 


24,500 00 


1,000 00 


7,710 00 


_ 


30,715 50 


_ 


60,76S 41 


273,331 91 


22,225 00 


29,692 50 


4,285 S6 


711 60 


_ 


454,940 78 


41 


42 


East Boston Savings Bank, 


2,262,649 41 


112,600 37 


5,856 45 


- 


2,381,100 23 


105,100 00 


575 00 


514,523 51 


216 00 


8,525 00 


- 


153,031 05 


1,281,969 51 


179,625 00 


- 


60,702 28 


8,477 49 


68,301 39 


2.381,106 23 


42 


43 


East Bridgewater Savings Bank, 


110,418 31 


3,512 32 


270 22 


588 58 


114,789 43 


15,600 90 


- 


20,768 00 


- 


8,000 00 


- 


- 


53,003 67 


12,450 00 


- 


4,414 94 


5 02 


546 90 


114,789 43 


43 


44 


E. Cambridge Five Cts. Savings B'k, 


933,0: J 


9,687 20 


7.100 S9 


- 


9 ,544 11 


29,000 00 


- 


127,077 30 


14,479 21 


69,000 00 


- 


23,967 25 


650,759 00 


15.300 00 


- 


19,301 24 


991 28 


08 83 


950,544 11 


44 


45 


Easthampton Savings Bank, . 


205,5:12 08 


515 75 


S50 00 


- 


206,958 43 


- 


50 00 


58,554 78 


2,000 00 


_ 


- 


_ 


117,490 00 


24,750 00 


- 


- 


3,906 05 


147 00 


206.95S 43 


45 


46 


E. Weymouth Five Cts. Savings B'k, 


90,459 78 


4,107 69 


ISO 07 


- 


94,754 44 


5,060 00 


- 


3,000 00 


- 


2,047 33 


- 


- 


69,450 00 


3,970 00 


8,000 00 


2,8S0 80 


259 48 


86 S3 


94,754 44 


46 


47 


Eliot Five Cents Saving- Bank, 


1,308,126 58 


13,862 61 


5,155 56 


5,428 13 


1,392,572 88 


280,750 00 


23,000 00 


55,400 00 


2,700 00 


60,000 00 


- 


36,201 74 


816.850 00 


100,000 00 


1,500 00 


- 


5,783 03 


4,327 51 


1,392.572 SS 


47 


48 


Emigrant Savings Bank, . 


2,1'. 0.417 48 


25,244 33 


0.014 54 


3,531 63 


2,320,287 9S 


196,218 75 


- 


- 


- 


_ 


- 


527,940 04 


1,420,363 77 


05,450 00 


- 


84,625 36 


4,734 50 


14,9.55 50 


2.320.287 98 


4S 


49 


Essex Savings Bank, 


3,200,242 31 


31,291 30 


10,000 00 


- 


3,307,533 61 


325,500 00 


- 


305,350 00 


9,300 00 


350,000 00 


- 


55,000 00 


1,907,218 20 


256,855 43 


- 


87,975 66 


10,334 32 


- 


3,307,533 01 


49 


50 


Fairhaven Institution for Savings, . 


1,120,639 96 


0,000 00 


4,136 75 


1,130 73 


1,13!, 9.17 44 


92,225 00 


250 00 


270,000 00 


9,S05 04 


45,000 00 


- 


31,157 22 


219,330 00 


378,565 34 


23,500 00 


36,000 00 


5,347 87 


20,666 97 


1.131,907 44 


50 


51 


Fall River Five Cents Savings Bank, 


1.351,407 83 


S9,104 34 


3,422 51 


6,500 00 


1,450,434 OS 


100,000 00 


_ 


186,700 00 


_ 


45,000 00 


_ 


_ 


577,400 00 


53S,800 00 


_ 


_ 


241 03 


2,293 65 


1,450,43 6 


51 


52 


Fall River Savings Bank, . 


5,913,9! 5 4:; 


231,991) 42 


10,000 00 


- 


6,161,984 85 


405,000 00 


- 


667.700 00 


1,000 00 


_ 


- 


50,000 00 


2,310,025 00 


2,679,7S8 00 


- 


37,000 00 


1,986 83 


2,8S5 02 


6.161,984 85 


52 


53 


Fitehburg Savings Bank, . 


- 325,626 09 


01,350 96 


6,800 00 


- 


2,393,777 05 


264,847 50 


17,700 00 


200,260 00 


12,700 00 


2,700 00 


_ 


189,245 05 


1,026,131 00 


673,809 70 


- 


75 61 


5,29S 70 


1,009 49 


2,393,777 05 


53 


54 


Florence Savings Bank, . 


80,550 84 


1,010 57 


311 55 


- 


87,872 96 


- 


- 


- 


_ 


_ 


_ 


571 72 


60,150 91 


26,939 96 


- 


- 


170 87 


39 50 


87,S72 96 


54 


55 


agi Sai in.-:- Bank, 


229.124 39 


2,124 77 


572 37 


- 


231,821 53 


8,300 00 


300 00 


15,500 00 


_ 


_ 


_ 


0,000 00 


159.070 00 


12,590 S9 


12,000 00 


3,948 22 


7,350 51 


6,761 91 


231.321 53 


55 


50 


Framingham Savings Bank, 


1,153,375 34 


47,032 40 


4,500 00 


- 


1,204,907 SO 


53,200 00 


- 


113,900 00 


1.700 00 


30,000 00 


_ 


19,100 00 


842,004 03 


73,245 00 


- 


- 


60,583 50 


5,575 27 


1,204 907 


56 


57 


Franklin Savings Bank, . 


4,785,170 37 


114,273 97 


12.272 21 


- 


4.911,716 55 


281,306 45 


1,100 00 


113,503 33 


500 00 


72,450 00 


100,000 00 


197,719 79 


3,182,913 93 


500,738 77 


308,927 50 


62,037 5S 


7,766 42 


82,752 7S 


4,911,716 55 


57 


58 


Franklin Institution for Savings, 


2,901,244 17 


29,892 04 


8,000 00 


- 


2,999,130 21 


935,400 00 


3,685 00 


77,400 00 


63,238 92 


132,500 00 


_ 


13,434 99 


1,085,774 80 


239,578 2S 


258,435 00 


181,915 97 


2,599 84 


5,173 41 


2,999,136 21 


58 


59 


Gardner Savings Bank, 


595,215 99 


7,724 23 


2.220 58 


- 


605,160 80 


24,460 50 


- 


51,952 00 


28,800 00 


8,560 00 


_ 


_ 


281,295 20 


51,091 36 


132,303 21 


- 


25,211.) .80 


1,338 67 


005.100 so 


59 


60 


Georgetown Savings Bank, 


134,690 49 


189 53 


022 75 


- 


135,502 77 


2,012 50 


900 00 


20.02S 42 


- 




- 


600 00 


92,321 89 


15,440 00 


- 


- 


2,880 44 


719 52 


135,502 77 


60 


61 


Grafton Savings Bank, 


119,827 35 


0,3S3 06 


400 00 


_ 


126,610 41 


_ 


_ 


37,449 74 










64,052 67 


2,550 00 


15,000 00 


.. 


7,558 00 


- 


126,610 41 


61 


62 


Greenfield Savings Bank, . 
Great Barrington Savings Bank, 


935.895 26 

475,302 7H 


5,9! 13 75 
2,515 01 


2,500 00 
1.324 57 


- 


944.3S9 01 
479,202 01 


20,500 00 
16,000 00 


100 00 


142,956 40 
10S.724 95 


9,348 00 
; 1,875 00 


10,500 00 


- 


6,173 93 
5,789 42 


457,704 39 
267,862 01 


197,752 02 
50,758 SO 


4,985 00 
4,500 00 


72,0S5 So 


13,000 00 
20,615 81 


9,3S2 S2 
2,976 86 


944,389 01 


62 


63 


479,202 91 


00 


64 


Groveland Savings Bank, 


43,032 18 


1,439 59 


60 00 


- 


44,531 77 


_ 


_ 


7,270 50 


_ 


_ 


_ 


_ 


31,025 00 


4,165 00 


- 


- 


2,005 27 


- 


44,531 77 


64 


65 


Hampden Savings Bank, . 


1,735,434 OS 


9.S36 94 


6,733 00 


- 


1,752.004 92 


205,000 00 


8,200 00 


205, 2S9 00 


8,500 00 


23,000 00 


_ 


60,746 22 


932,305 00 


271,775 00 


13,000 75 


- 


12,361 60 


11,227 35 


1,752,004 92 


65 
66 


66 


Hampshire Savings Bank, 


19 .106 63 


7,029 48 


1,300 00 


- 


506,330 11 


- 


_ 


191,759 92 


21,900 00 




_ 


3,500 00 


200,930 95 


47,385 00 


- 


40,392 74 


- 


401 50 


500,330 11 


67 


Haverhill Savings Bank, . 


2,S47.770 SO 


20,972 05 


17,543 53 


- 


2,886,286 98 


857,600 00 


3,650 00 


504,050 00 


18,800 00 


132,000 00 


_ 


_ 


1,199,800 00 


45,860 00 


64,000 00 


- 


59,926 9S 


- 


2,886,286 98 


67 


68 


Haydenville Savings Bank, 


229,120 OS 


2,583 SO 


542 71 


_ 


232,251 59 


_ 


_ 


0,835 00 


_ 


5,737 50 
45,000 00 


_ 


_ 


114,123 20 


90,608 77 


2,900 00 


5,437 66 


6.338 96 


270 50 


232,251 59 


68 


69 


Hingham Institution for Savings, . 


1.043.497 47 


11,458 55 


4,026 40 


- 


1,658,982 42 


82,000 00 


_ 


142,000 00 


992 00 


_ 


11,116 41 


1,118,714 13 


100,105 95 


42,500 00 


82,937 17 


23,430 29 


3,520 47 


1,658,982 42 


69 
70 


70 


Holyoke Savings Bank, 


946,085 13 


30,656 42 


4,000 00 


- 


980,741 55 


07,000 00 


- 


169,544 17 


3,000 00 




- 


- 


565,350 00 


104,575 00 


- 


3S.8S0 08 


27,004 03 


5,327 07 


9S0,741 55 


71 

72 


Home Savings Bank, 
Hoosac Savings Bank, 


3,393,867 .59 
123,869 73 


79,131 8S 
4,541 33 


10,000 00 
163 27 


7,000 00 


3,489,909 47 
128,574 33 


55,000 00 


2,100 00 


447,750 94 
8,372 00 


33,850 00 


57,098 75 


- 


72,450 00 
6,087 73 


2,458,385 41 

80,670 07 


221,500 00 
21,945 27 


53,000 00 


6,746 61 


13.521 59 
9,223 50 


68,590 17 
1,675 16 


3,489,999 47 

128.574 33 

232,053 40 

273,40.5 99 

221,352 ^7 

527,307 17 

08,734 58 

2,963,221 54 

4,901,743 45 

124,710 48 


71 
72 
73 
74 

75 
7G 


73 


Hopkinton Savings Bank, 


224.S27 10 


6,234 76 


991 54 


- 


232,053 40 


17,031 25 


_ 


58,308 24 


200 00 


21,215 00 


_ 


_ 


105,124 77 


5,300 00 


17,000 00 


7,040 14 


- 


834 00 


74 


Holliston Savings Bank, . 


267,410 93 


5,285 06 


800 00 


_ 


273,495 99 


18,908 75 


3,165 93 


22,075 75 


5,255 00 


4,000 00 


_ 


2,550 00 


173,075 00 


30,330 00 


8,000 00 


- 


6,135 56 


~ 


75 


Hudson Savings Bank, 


218,115 55 


2,667 87 


509 45 


- 


221,352 87 


8,976 25 


_ 


6.106 00 


4,460 00 


5,225 00 


_ 


_ 


139,770 00 


26,034 11 


24,884 2S 


- 


5.307 23 


~ 


76 


Hyannis Savings Bank,t . 


525,304 27 


1,092 90 


1,500 00 


_ 


527,897 17 


9,187 50 


1,000 00 


121,108 00 


5,900 00 




_ 


08,450 52 


187,032 OS 


133,201 34 


- 


1,000 00 


351 13 


~ 


77 


Hyde Park Savings Bank. 


66,873 01 


1,095 73 


165 24 


_ 


08,734 58 


_ 




10,323 25 




_ 


_ 


6,920 06 


3S.400 00 


500 00 


5,000 00 


5,250 77 


006 96 


1,733 54 


77 
7S 
79 
SO 


78 


h bit i i : i i igs in Ttoxbury,. 


2,907..7o 63 


44,359 91 


11,300 00 


_ 


2,903.221 54 


172,842 40 


33,100 00 


183,139 97 


11,500 00 


187,321 73 


_ 


71.711 80 


1,297,242 07 


871,490 00 


13.900 00 


5,85 > SI 


110,122 76 


~ 


79 

80 


Institution for Savings in Newburyp't, 
Ipswich Savings Bank, 


4,SSS,756 00 
121,274 28 


40,736 85 
3,155 20 


32,250 00 
290 00 


~ 


4,961,743 45 
124,719 48 


1,203,272 00 
1,868 84 


2,000 00 


1,011,487 60 
30,941 00 


18,000 00 


414,600 00 


- 


100,915 S5 


1,248,951 16 

72,315 00 


297,425 00 
6,880 00 


313,500 00 


244,008 06 
11,500 00 


3,875 04 
1,199 89 


103,7' i4 
14 75 


SI 


Lancaster Savings Bank,*. 


644,882 14 


* 


_ 


4,065 27 


648,947 41 










31,500 00 




49,200 00 


323,904 IS 


106.513 13 


- 


107,115 46 


- 


30,714 64 
15,340 75 


648,947 41 

507,990 91 

472,200 SS 

288,519 25 

539,761 58 

124,986 28 

2,994,996 46 

2,427,514 61 

1,743.458 70 

1,901.102 28 


SI 
S2 
S3 
84 
85 
86 
37 
SS 


82 


Lawrence Savings Bank, . 


4S9.737 tin 


17,045 11 


1,214 80 


- 


507,990 91 


12,500 00 


_ 


83,200 00 


500 00 


10,000 00 


_ 


4,209 55 


358,643 81 


10,734 33 


- 


- 


6, SOS 47 
921 50 

2,418 07 

10,431 08 

209 96 

1,010 07 


83 

84 
85 
86 
87 


Lee Savings Bank 

Leicester Savings Bank, . 
Leominster Savings Bank, 
Lexington Savings Bank, . 
Lowell Five Cents Savings Bank, . 


461,398 69 

279.440 58 

5:;o.S05 SI 

120,09i, 59 

2,985.507 11 


8,862 19 
7,717 48 
1,395 77 
3,536 85 


2,000 00 
1,361 19 

1.500 00 

752 S4 

7.434 37 


2,054 98 


472,260 88 
288,519 25 
539,761 58 

124,930 28 
2,904,990 40 


65,000 00 
79,500 00 
2,427 50 

222,975 00 


800 00 

2,000 00 

600 00 


54,020 00 
50,349 12 
52,671 00 
5,000 00 
486,510 00 


1,900 00 
1.000 00 
8,770 00 

. 10,400 00 


3,030 00 


- 


1,549 04 

500 00 

2,200 00 

89,990 86 


294.232 47 
12S.5S9 31 
3S4 S60 
85,050 00 
1,757,550 00 


33,837 27 
7,489 00 

77,800 00 

27,700 00 

304,200 00 


20,000 00 
5,850 00 

70,000 00 


5,517 63 
6,154 11 


7,793 75 

2 00 

90S 09 

46,200 42 


88 
89 
90 


Lowell Institution for Savings, 
Lynn Five Cents Savings Bank, 
Lynn Institution for Savings, . 


2,396,527 22 
1,692,987 47 

1.912.587 00 


19,446 22 
45,971 29 

35.015 98 


11,541 17 
4,500 00 
is Min no 


- 


2,427,514 61 
1,743,458 70 
1 Oft! iao oa 


340,000 00 
143,210 04 


7 1AA HA 


327,700 00 
446,792 97 
oai ftfli on 


3,600 00 
19,550 00 


30,559 00 


- 


20,334 06 
62,S29 99 

fit f^l Ofi 


423,050 00 
752,787 09 
RSI fiQK no 


16,700 00 
asMfin .85 


1,230,500 00 
51,000 00 
120.228 00 


70,330 55 
213,314 50 
122,131 09 


5,552 39 

13,495 SO 


1,102 18 
1,041 72 


89 
90 



101 
102 
103 
104 
105 
106 
107 
108 
109 
110 

111 
112 
113 
114 
115 
116 
117 
118 
119 
120 

121 
122 
123 
124 
125 
120 
127 
128 
129 
130 

131 
132 
133 
134 
135 
136 
137 
138 
139 
140 

141 
142 
143 
144 
145 
146 
147 
148 
149 
150 

151 
152 

153 
154 
155 
156 
157 
158 
159 
160 

161 
162 
163 
164 
165 
166 
167 
168 
169 
170 

171 
172 
173 
174 
175 
176 
177 
178 
179 



Lowell institution km 0.111115?, 
Lynn Five Cents Sa\ ings Bank, 
Lynn Institution for Savings, . 

Maiden Savings Bank. 
Marblehead Savings Bank, 
Marlborough Savings Bank, 
Mechanics 5 ' Savings Bank, Boston,* 
Mechanics' Savings Bank, Holyoke 
Mechanics' Savings Bank, Lowell, 
Medl'ord Savings Bank, . 
Medway Savings Bank, . 
Melrose Savings Bank, 
Mercantile Savings Institution, 

Merrimack River Savings Bank, 
Merrimack Savings Bank, 
Middleborough Savings Bank, 
Middlesex Institution for Savings, 
Milford Savings Bank, 
Millbury Savings Bank, . 
Miners' Savings Bank, 
Monson Savings Bank, 
Nantucket Institution for Savings, 
Natick Five Cents Savings Bank, 

Needham Savings Bank, . 
New Bedford Five Cts. Savings B'k, 
New Bedford Institution for Savings, 
Newburyport Five Cts. Savings B'k, 
Newton Savings Bank, 
Northampton institut'n for Savings, 
North Adams Savings Bank, . 
North Avenue Savings Bank, . 
North Bridgewater Savings Bank * 
North Brookfield Savings Bank, 

North Easton Savings Bank, . 
North End Savings Bank, 
Orange Savings Bank, 
Palmer Savings Bank, 
People's Savings Bank, . 
Plymouth Five Cents Savings Bank 
Plymouth Savings Bank, . 
Provident Inst, for Savings, Boston 
Prnvid't Inst, for Savings, Salisbury 
Quincy Savings Bank, 

Randolph Savings Bank, . 
Reading Savings Bank, 
Rockland Savings Bank, . 
Rockport Savings Bank, . 
Salem Five Cents Savings Bank, 
Salem Savings Bank, 
Sandwich Savings Bank,t. 
Scituate Savings Bank, 
Seamen's Savings Bank, . 
Shelburne Falls Savings Bank, 

Southbrjdge Savings Bank, 
South Adams Savings Bank, . 
South Boston Savings Bank, . 
South Scituate Savings Bank, . 
South Weymouth Savings Bank, 
Springfield Five Cts. Savings Bank, 
Springfield Institution for Savings, 
Spencer Savings Bank, 
Stoneham Five Cts. Savings Bank, 
Siockhridge Savings Bank, 

Suffolk Savings Bank. 
Taunton Savings Bank.t . 
Templeton Savings Bank, 
Union Institution for Savings, 
Union Savings Bank, 
Uxbridge Savings Bank, . 
Wakefield Savings Bank, . 
Wales Savings Bank, 
Waltham Savings Bank, . 
Ware Savings Bank, . 

Wareham Savings Bank, . 
Warren Five Cents Savings Bank, 
Warren Institution for Savings, 
Watertown Savings Bank, 
Webster Five Cents Savings Bank, 
Wellfleet Savings Bank, . 
Westborough Savings Bank, . 
West Boston Savings Bank,t . 
Westfield Savings Bank, . 
Weymouth Savings Bank, 

Whitinsville Savings Bank, 
Winchendon Savings Bank, 
Winchester Savings Bank, 
Woburn Five Cents Savings Bank,t 
Worcester Co. Inst, for Savings, 
Worcester Five Cents Savings Bank, 
Worcester Mechanics' Savings B'k, 
Worcester North Savings Institut'n, 
Woronoco Savings Bank, . . ' 



1,692,987 47 
1,912,587 00 

304,659 59 
191.272 45 
665,782 45 
268,386 57 
24S.012 54 
2,073,404 23 
302.0C6 79 

179.219 46 
50.041 73 

3,599,758 32 

329,395 34 
126,966 SO 

197,520 23 
1,023.163 24 
659,4S5 33 
412.761 28 
37,533 49 
376,593 03 
666,507 91 
501,544 26 

30,340 56 
2,246,537 67 
9,607,859 59 
1,209,746 42 

664,099 12 
1,S7S,937 52 

751.911 80 
78,652 27 

540. 109 74 

285,290 25 

315.111 25 
645.S13 00 
152,120 14 
342,146 71 

3,884,295 06 
529,913 79 

2,162,677 46 
19,161.483 sti 

1,319,793 23 

1.298.754 22 

S35.310 41 
178.258 71 
364,670 61 
224,951 12 
2,401,155 73 
6,343,222 34 
108,044 06 
147,876 83 
639.744 04 
681,204 05 

901,4S1 13 

331,923 16 

1,802,563 04 

440,768 52 

398.248 61 
1,304,38!! 23 
6,408,987 11 

193.249 24 
362,S93 96 

55,603 91 

10,294,932 78 

1,366,276 57 

61,031 92 

3,815,217 63 

644,696 74 

328,519 54 

81,567 23 

20.466 48 

1,165,3S2 02 

1.595.755 95 

541,927 82 

1,329,490 38 

4,185,579 81 

142.217 37 

270,623 34 

459,243 7S 

341,441 29 

1,980,994 63 

709,590 9S 

904,954 22 

144.632 21 

562.220 76 
126,411 3S 
494.070 09 

6,629,1^7 55 
1,996.668 80 
3,045,935 26 
1,292.097 65 
551,555 36 



45,971 29 
35,015 2S 

1.034 00 
5,585 00 

17,177 97 
2,770 53 
4.751 lilt 

15,910 05 
6,S3S 72 
4,678 52 
1,283 32 

41,25S 47 

5,336 03 

2.171 83 
3.000 00 

24.163 44 
1,883 40 

11,878 74 

268 46 

3.307 89 

5,524 99 

10.164 14 

764 30 
38,627 42 
68,050 58 
24,709 32 
14,629 24 
30,326 71 
17,000 00 

293 98 

9,607 63 

1,904 37 

20,722 43 

35 07 

5,411 10 
46,9S8 65 
13.592 18 
108,338 48 
24,623 50 
43,366 68 
14,499 63 

9,013 71 

7.177 29 

2.109 89 

13,060 18 

41,221 06 

12,257 62 

1.921 22 

476 80 

14,997 43 

17,799 95 
4,272 97 
S,564 14 
6,068 93 
7,066 49 
4,147 62 

28,202 20 
2,611 72 

12,577 03 
414 48 

331,268 58 
55,692 48 
99 74 
37,914 66 
26,687 84 
5,271 47 

1,252 60 
17.192 72 
32,309 47 

14,240 63 

41.824 41 

129,478 60 

1,146 52 

768 11 

714 91 

3,426 45 

111,016 81 

16,417 41 

12,423 17 

3,050 35 

17.0S7 94 

265 95 

14.0S4 40 

181.324 97 

6,491 93 

38.085 88 

31,777 01 

4,970 88 



4,500 00 
13,500 00 

1,150 00 

4(10 80 

3,411 80 

650 00 

6,000 00 

1,000 00 

824 91 

108 94 

15,0S0 19 

772 07 

486 32 

450 00 

2,587 23 

2,409 31 

1,000 00 

100 00 

1,400 00 

1,727 SI 

1,207 99 

107 78 
13,310 92 
60,500 00 
3,509 81 
2,000 00 
7,500 00 
2,000 00 
2S0 77 

1,443 37 

2,000 00 

1,650 00 

600 00 

850 00 

19,000 44 

1,334 70 

10,000 00 

6,626 94 
5,000 00 

4,214 64 
097 40 
1,000 00 
1.400 00 
12,146 73 
60,000 00 

395 S2 
1,673 88 
4,000 00 

2,200 00 

1,000 00 

9,500 00 

1,120 00 

1,000 00 

3,200 00 

20,000 00 

425 00 

1,729 47 

139 18 

36,862 40 

4,000 00 

288 18 

15,000 00 

1,800 00 

840 00 

196 78 

80 00 

8,725 52 

3,918 25 

1,550 00 

3,270 00 

32,000 00 

540 00 

749 77 

1,823 25 

1,230 00 

2.687 50 

1.779 78 

2,800 00 

298 65 

2,782 50 

903 59 

1,283 75 

31,000 00 

5,000 00 

10,000 00 

6,473 06 

1,352 83 



142 84 
3,113 82 



17,096 10 



2,400 00 



310 03 



357 47 
9,978 09 



5,089 01 

4,000 00 
6,542 62 



315 60 
1,365 17 



2,155 00 



335 80 

206 94 



4,000 00 



$244,596,614 IS 



$4,267,923 08 $914,647 7S $373,879 92 



1,743,458 76 
1,961,102 28 

307,-14': 59 
197.324 25 
686,372 22 
271,157 10 
254,017 14 

2,095,728 30 
309,905 51 
184,722 89 
52,033 99 

3,861,668 16 

335,503 44 
129,767 79 
204,090 05 
1,049,913 91 
663.778 13 
425,640 02 
37,901 95 
381,300 92 
673,760 71 
512,916 39 

31,212 64 

2,315,572 11 

9,736,410 17 

1,237.965 55 

680,728 36 

1,916,764 23 

773,311 8!) 

79.233 02 

540.109 74 

296,341 25 

319,015 62 

668,185 43 

153,065 24 

348,407 SI 

3,950,884 15 

544,840 67 

2,281,373 41 

19,196,0S5 45 

1,369,786 85 

1,318,283 85 

84S.538 76 
186,133 40 
367,7S0 50 
244,500 31 
2,454,523 52 
6,415,479 96 
112,044 06 
150,193 87 
648,437 34 
700,201 4S 

921,481 08 

337,196 13 

1,880,627 18 

447,957 45 

406,315 10 

1,311,733 85 

6,457,189 31 

196,285 96 

377,201 06 

56,157 57 

10,663,063 76 

1,426,2S4 65 

61,419 84 

3,869,497 46 

673,184 58 

334,631 01 

81,764 01 

21,799 08 

1,191,300 26 

1,635,043 67 

557,718 45 

1,376,745 79 

4,347.058 41 

143,903 80 

272,141 22 

462.117 74 

346,304 68 

2,094,698 94 

731.7SS 17 

920,177 39 

147, 9S1 21 

582,091 20 

128.730 23 

509,438 24 

6,841,512 52 

2,008,160 73 

3,094.021 14 

1,330,347 72 

557,879 07 



143,210 64 
388,427 50 

54,000 00 
8,272 00 
55,800 00 



142,500 00 
28,035 00 



14,750 00 
581,200 00 



25,000 00 
55,260 00 
24,000 00 

9,550 00 
44,200 00 



1,153,000 00 
2,950,251 00 
30,000 00 
102,921 56 
257,383 75 
44,414 31 

12,232 50 
4S.500 00 

20,560 00 
71,994 24 
2,775 00 
34,450 00 
268,500 00 
139,000 00 
396,721 25 
1,S00,000 00 
571,500 00 
162,062 50 

101,000 00 
1,000 00 
5,000 00 

371,735 00 

2,916,500 00 

14,175 67 

50,550 50 
100,000 00 

404,000 00 
30,000 00 

348,936 15 
17,997 50 

252,800 00 

1,803,000 00 

9,250 00 

85,500 00 

7,095 00 

1,169,000 00 



725,758 00 
10,000 00 



15,000 00 
310,000 00 



40,000 00 

249,169 97 

7,435 00 



5,430 00 
48,855 00 
88,500 00 
20,200 00 



12,000 00 



1,349,000 00 

434,500 00 

491,300 00 

56,042 28 

44,034 85 



7,100 00 



85 00 
3,036 00 
2,250 00 



2,000 00 
1,375 00 



500 00 

4,600 00 

500 00 



5,765 00 

486,000 00 

1,000 00 

3,000 00 

400 00 



6,300 00 
7,000 00 
1,000 00 



21,950 00 
1,622 00 



2,800 00 
25,300 00 



418,000 00 
700 00 



1,000 00 



2,850 00 



1,800 00 



3.000 00 
1,000 00 



6.773 69 



446,702 97 
291,861 oo 

6,000 00 
56,614 79 
92,3S9 00 

21,708 50 
191,650 00 
26,063 25 
19,842 50 

12,000 00 

30,399 12 

300 00 

3,540 00 

272,100 00 

113,088 74 

120,109 00 

4,650 00 

40,859 50 

131,900 00 

48,905 50 

4,634 50 

149,700 00 

1,461,850 00 

104,500 00 

28,245 00 

50,800 00 

44,947 19 

6,570 00 

27,271 00 

11,500 00 

127,004 02 
43,781 29 
41,543 87 
29,175 00 

818,200 09 
27,500 00 

453,275 00 
1,105,000 00 

146,825 00 
94,707 74 

267.15S 61 

86,556 72 
43,357 45 
560,972 66 
599,800 00 

12,300 00 
162,912 71 
75,800 00 

44,290 00 
19,650 00 
155,477 12 
58,700 00 

158.471 50 
57,100 00 

618,400 00 

30,757 87 

12,000 00 

2,970 00 

455,125 00 
79,208 12 
3,000 00 

36,575 00 
127,281 45 

6,310 00 
98,175 00 
293,500 00 

191,686 92 

119,284 00 

147,293 00 

10,347 50 

33.0S0 50 

2S8.416 79 

53,700 00 

232.472 38 
29,000 00 
78,200 00 

64,031 21 

87,100 00 

5,000 00 

204,489 08 

814,150 00 

169,600 00 

266,200 00 

94,926 50 

3,760 00 



$250,153,004 96 ±$33,229,591 73 $1,259,706 86 $26,154,3S9 01 $1,224,288 15 $9,076,156 17 $133,138 87 §$7,932,582 34 



19,550 00 
21,350 00 



13,000 00 

100 00 

1,000 00 

15.000 00 



16,938 00 
1,400 00 



3,440 00 

58,910 00 

1,350 00 

26,893 70 
4,000 00 



400 00 

200 00 
5,04S 00 
27,850 00 
5,294 00 
12,725 00 
24,500 00 

2,900 00 

4,000 00 
13,800 00 
2,750 00 
1,100 00 

10,000 00 



1,200 00 
3,000 00 



1,700 00 
20,300 00 



1,725 00 
100,450 00 



2,000 00 
1,000 00 
1,700 00 



1,300 00 
1,350 00 



11,900 00 
2,200 00 



2,500 00 

300 00 

15,015 60 

1,000 00 



16,129 50 



9,600 00 
12,425 00 
10,000 00 
26,300 00 

3,090 00 



30,559 00 
19,700 00 



136,500 00 
5,300 00 



7,000 00 
140,000 00 



4,233 24 



161,000 00 

1,011,649 50 

25,000 00 

55,301 54 

471,875 00 



4,920 00 
S4,000 00 



27,147 50 

9,640 00 
214,500 00 

35,000 00 
130,355 00 
5S4,000 00 

62,000 00 



110,000 00 



10,500 00 
217,000 00 



28,850 00 



50,000 00 



125,955 00 
4,460 00 



208,000 00 
5,043 75 



250,000 00 
20,000 00 



50,000 00 



59,900 00 
238,000 00 



29,675 00 

200,000 00 

6,614 00 



2,000 00 
3,165 00 

20,237 50 

5,200 00 

5,575 00 

699,000 00 
29,000 00 
72,500 00 
33,536 25 



1,500 00 



738 87 



18,000 00 



4,000 00 



3,000 00 



5,000 00 



62,829 99 
61,571 26 



15,297 20 
1,200 00 
85,848 38 

195,127 13 
1,417 67 
6,922 37 

492,842 06 

5,500 00 



6,000 00 
31,000 00 



13,802 57 

41,158 01 

2,500 00 



56,949 67 
125,768 43 
53,500 00 
32,509 18 
25,500 00 



8,789 19 

27,624 15 

858 55 

74,704 32 
12,946 19 
29,766 60 
101.555 46 
5,283 00 
49,100 00 

138 55 

7,000 00 
35,304 14 
38,632 04 
75.000 00 
23,800 00 
27,592 53 
18,543 65 

6,400 00 



150,636 14 
23,043 00 



168,532 60 
183,450 00 



1,378 00 



249,096 54 
150,344 53 

523,154 01 

38,000 00 
19,380 48 
2,480 00 

4,600 00 



20,096 21 
74,904 28 
83,200 00 

4,400 00 
4,002 84 
2,279 55 
474,298 00 
3,500 00 
90,473 00 



5,730 00 
64,444 68 

7,875 00 
59,776 39 
13,045 27 



752,787 09 
881,695 00 

201,500 00 
74,7-10 00 
439,250 00 
148,575 00 
180.611 00 
974,223 00 
210,600 00 

135.529 00 
33,050 00 

2,171,995 07 

250.290 91 
61.615 00 
126,672 00 
417,018 80 

296.530 39 
240,575 00 

27,235 00 
206,190 00 
390,048 00 
351,421 47 

20,650 00 
323,538 36 
562.811 00 
689,540 06 
353,130 29 
730,621 69 
464,258 58 

50.100 00 
287,053 77 
149,173 25 

115.765 25 

437,878 62 
77,093 00 
229.050 97 

1,962.665 77 
288,111 80 
695.865 00 

7,228,302 00 
271,750 00 
772,708 84 

272,400 00 

130,077 00 

228.27S 02 

149,582 71 

1,092,028 00 

1,204,697 27 

46,495 00 

90,786 69 

114,295 75 

397,230 89 

293,550 00 
135,025 00 

948,283 38 
292,529 11 
172,432 65 
737,055 00 
2,786,500 00 
101,910 00 
236,200 29 
40,460 50 

4,800,190 75 

869,166 94 

41,035 00 

2,283,397 95 

328,954 00 

136,417 00 

51,242 55 

12,790 00 

799,889 56 

459,393 53 

296,930 00 
603,740 00 

2,380,705 00 
87.975 00 
192,175 00 
121,083 00 
230,355 12 

1,082,411 51 
409,113 38 
486,533 00 

50,950 00 

271,064 67 

83,867 46 

236,277 16 

3,083.077 38 

946,900 00 

1,706.705 20 

701,448 92 

353,079 54 



$116,241,038 35 



16,700 00 
32,450 85 

31,900 00 

1,100 00 

43,720 05 

3'.)0,liii) on 

6,450 00 

20,020 50 

160 00 

78,233 97 

29,600 00 

56.316 79 

42,097 58 

102,050 00 

60,662 11 

1,300 00 

2,450 00 

11,995 00 

60,590 06 

55,492 00 

3,700 00 

435,225 75 

3,098.S24 12 

78,325 00 

09,430 00 

193,881 SO 

130,993 63 

17,749 00 

128,258 89 



28,747 30 

24,085 83 

30,970 00 
196,812 00 

31,175 00 
254,802 32 
5,666,060 83 
179,800 00 
104,091 53 

45,644 45 

31,010 00 

26,485 12 

3,130 00 

194,519 00 

597,000 00 

25,218 00 

9,280 00 

90,000 09 

102,936 45 

55,640 00 
112,342 75 
56,400 00 
33.411 00 
60,223 70 
58,500 00 
115,500 00 
32,600 00 
3,125 00 
4,525 00 

2,671,500 00 

285,680 00 

13,129 00 

177,042 00 

255,785 00 

34,548 00 

4,120 00 

1,715 63 

27,767 16 

235,304 77 

46.607 75 
45,900 00 
949,000 00 

20,591 00 
44,366 20 
48,030 00 
95,325 10 
172.3S7 46 
202,820 00 

15,351 65 
153,694 31 
7.652 66 
48,050 00 
84.S0O 00 
20,000 00 
148,541 51 
256,075 00 
102,065 00 



$34,124,849 37 



51,000 00 
120,228 00 



5,500 00 
63,900 00 



17,500 00 
20,000 00 



49,075 00 



7,000 00 
54,500 00 
80,000 00 
20,000 00 

1,894 84 
26,700 00 

29,500 00 



310,696 53 
130,000 00 



103,602 72 
15,690 00 



5,500 00 
3,700 00 
4,000 00 

203,000 00 
831,800 00 
87,000 00 



34,000 00 

6,500 00 

120,000 00 
605,109 00 

6,570 00 
154,800 00 
10,000 00 

5,000 00 



9,397 00 
7,000 00 

430,100 00 
16,500 00 
20,000 00 



1,500 00 



13,015 00 

29S 60 

155,000 00 

68,100 00 



433,035 00 

194,500 00 

11,500 00 

8,000 00 

300 00 

20,000 00 
5.000 00 



1,000 00 

2,000 00 

26,525 00 

52S.400 00 
209,900 00 
116,000 00 
115,190 87 
5,000 00 



$10,170,049 30 



213,314 50 
122,181 09 



27,610 78 
32,005 72 
13,551 54 

1,125 09 

11,736 12 

959 43 

3,300 00 

70,262 43 

4,257 38 

24,414 03 



461 87 
23,421 01 

1,482 28 

73,873 85 

136,567 92 

50,578 96 

1,166 67 

15,000 00 
3,975 18 

1,984 75 



970 56 

3,000 00 

114,794 17 



1,016,544 71 
38,215 38 
81,142 02 

2,128 27 

3,887 23 

57,000 00 
134.000 00 



17,368 47 
4,220 04 

33,000 00 
17,856 94 
63,967 83 

7,658 65 
23,000 00 
106,000 00 

13,969 23 



598,947 53 

100,548 43 
7,201 06 



117.951 87 
17,000 00 
6,545 65 
3,182 37 

127,421 32 

783 54 

4,220 70 

10,998 07 



182,302 19 
143,327 96 
166,679 38 
26,000 00 



5.552 39 
13,495 86 

5,942 10 
134 42 

4,048 38 
4,729 03 

5,371 45 
303 47 
451 72 I 
306 82 

8,879 55 

456 03 

366 44 

32,442 90 

8,048 89 

938 34 

1,672 11 

49,892 43 

1,568 83 

1,092 42 

226 50 

7,495 61 
4,800 53 
2,194 77 
16,300 64 
44,596 39 
10,452 92 
347 84 
71,483 32 
988 40 

17.149 51 

3S.5-I7 47 

64S 54 
3.711 87 
4,923 24 
82,773 24 
15,112 03 
1,163 00 
2,691 34 

983 72 

727 31 

508 95 

1,795 42 

1,330 82 

49,382 69 

358 25 

3,664 65 

7,348 28 

614 10 

1,199 59 

4,967 34 
7,119 84 

10,221 25 

43,339 31 

46 09 

28 54 

907 07 

47,193 92 

12,793 78 

1,055 84 

8,578 62 

3,870 58 

3,017 18 

330 17 

30.968 54 

22,503 5S 

255 86 

29,152 8S 

6,284 79 

321 82 

5S7 97 

592 07 

2,010 01 

5,076 35 

1.082 36 

4,265 S7 



20,754 60 
109 11 

13.092 00 
5.981 16 
1,540 06 
8.103 OS 
3,542 37 



$6,950,799 70 



$1,521,295 17 



1,162 18 
1,041 72 


2,601 49 
957 55 
127 50 
19,13 

3,192 56 
22,63 - 7 ; 


891 37 

407 17 

182,795 1 


- 



802 21 

11,990 50 

20 00 

1,719 47 

583 99 

519 36 

8,298 54 

59,664 90 

708 33 

182 66 

17,555 17 

500 00 

8,890 26 

194 85 

35 

21,212 16 

38 43 

2,725 30 

265,146 02 

890 44 

16,325 00 

337,210 42 

1,250 47 

45,819 88 

10,685 16 

9,519 09 

588 86 

10,230 59 
1,500 00 

997 14 

2,567 89 



11,151 49 

399 44 

26,004 22 



34,150 00 

178 25 

5 000 00 



2,010 02 
7,391 28 



9,803 02 

1,749 28 

354 68 

4,091 79 

791 71 
1,054 63 
7,053 78 
510 57 
161 10 
174 47 

5.374 28 
7,405 S3 
12,227 32 

450 28 
14,348 12 

1 00 

20,757 11 
30,092 71 
47,215 58 
4 240 26 
40,075 99 



4.*£i.->l-i OI 

1. 743.458 76 

307,443 59 

107.324 25 

271.157 10 

254,017 14 

2,095,728 30 

184,722 so 

3,861,668 16 

335.5 :, 44 
129,767 79 
204. U0U 05 
1,049,913 91 
663.77s 13 
425,640 02 
37.901 95 
381,300 92 
673,760 71 
512,916 39 



31,212 
2,315.572 
9,730,410 
1,237,965 

680,728 
1,916,764 

773,311 
79,233 

540,109 

296,341 



319,015 62 

668,185 43 
153,065 24 
348,407 81 

3,95 .884 15 
544,840 07 

2.281.373 41 
19,196,085 45 

1,369,786 85 

1,318,283 85 

848,538 76 
186,133 40 
367,780 50 

244.500 31 
2.454.523 52 
6,415,479 96 
112,044 06 
150.193 87 
648.437 34 
700,201 48 

921,481 OS 

337,196 13 

1,880,627 18 

447,957 45 

400,315 10 

1.311.733 S5 

6,457,189 31 

196,285 96 

377,201 06 

56,157 57 



10,663.063 

1,426,284 

61,419 

3,869.497 

673.1S4 

3:54,631 

81,764 

21,799 

1,191.300 

1,635,043 

557,718 

1,376,745 

4,347,058 

143,903 

272,141 

462,117 

346,304 

2.094.69S 

731.788 

920,177 



101 
102 
103 
104 
105 
106 
107 
108 
109 
110 

111 
112 
113 
114 
115 
116 
117 
118 
119 
120 

121 
122 
123 
124 
125 
126 
127 
128 
129 
130 

131 
132 
133 
134 
135 
136 
137 
138 
139 
140 

141 
142 
143 
144 
145 
146 
147 
148 
149 
150 

151 
152 
153 
154 
155 
156 
157 
158 
26 I 159 
67 160 



147.981 21 
582,091 20 
128,730 23 
509,438 24 

0.84 1. 512 52 
2,008,1 10 73 
3,094,021 14 

1.330.347 72 

557.870 07 



2,135,179 94 $250,153,064 96 



161 
162 
163 
164 
165 
166 
167 
168 
169 
170 

171 
172 
173 

174 
175 
176 
177 
178 
179 



" In liquidation. 



t Temporarily enjoined. 



t Amount invested in United States bonds, $16,246,152.54; amount invested in State, County, City, and Town bonds, $16,983,439.19. 



§ Including $5,091,878.76, estates acquired by foreclosure of mortgages. 



1878.] PUBLIC DOCUMENT— No. 8. 355 

Number of outstanding loans which are of an amount not ex- 
ceeding three thousand dollars each, . ... . 40,228 

Aggregate amount of the same, $45,150,536 75 

Number of open accounts, 739,757 

Number and amount of deposits received for the previous 

year, 558,156 42,595,232 58 

Number and amount of deposits of, and exceeding, three hun- 
dred dollars at any one time for the previous year, . 31,328 18,063,919 84 
Number and amount of withdrawals, .... 499,983 47,918,238 87 
Number of accounts opened during the previous year, . 95,703 
Number of accounts closed during the previous year, . 96,417 
Amount of the expenses of the corporations during the previous 
year, . - 671,728 23 



356 



BANK COMMISSIONERS' REPORT. 



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1878.] 



PUBLIC DOCUMENT — No. 8. 



357 



Statements were made by the following-named companies, 
in accordance with the provisions of their charters : — 

CHAPIN BANKING AND TRUST COMPANY, SPRINGFIELD. 

November 12, 1877. 



Capital stock paid in, 

Deposits, payable on demand, . . . 

Number of Depositors, 

Investments — Boston & Albany Railroad 6 per cent, bonds, 

Loans on notes of corporations, . • 

Loans on notes of individuals, 

Cash on hand : ' 

Currency and specie, . . . ... . . $29,360 27 

Balances due from other banks, ..... 57,40684 

Dividend of 3 per cent, paid July 1, 1877, 



$500,000 00 

501,938 07 

213 

30,900 00 

238,793 73 

688,935 47 



86,767 11 
15,000 00 



Date of examination by the Commissioner, June 19. 



BOSTON SAFE DEPOSIT AND TRUST COMPANY, BOSTON. 

November 12, 1877. 



Liabilities. 

Capital stock, 

Deposits, 

Uninvested trust funds, . 

Profit and loss, 

Income, . 

Assets. 
United States Government bonds, 

City bonds, 

Railway bonds, 

Bank stock, 

Loans on notes with collaterals or sureties, 

Loans on mortgages, 

Expenses, . . . ... 

State taxes paid, • . 

Safes, &c, 

Stock B. S. D. & T. Co., awaiting disbursement, 
Cash, 



$400,000 00 

450,136 87 

67,981 65 

17,089 81 

3,368 47 



$938,576 80 



$53,600 00 

83,697 50 

183,487 50 

2,800 00 

372,650 86 

127,700 00 

6,450 10 

5,136 00 

36,651 72 

14,000 00 

52,403 12 



,576 80 



TRUST DEPARTMENT. 



Liabilities. 
In trust, • 

Assets. 
United States Government bonds, 
City bonds, . ... 

County bonds, 

Income account, 

Cash, 



$150,000 00 
$150,000 00 



$62,152 37 

13,495 00 

6,225 00 

145 98 

67,981 65 

$150,000 00 



Date of examination by the Commissioner, November 12. 



358 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MASSACHUSETTS LOAN AND TRUST COMPANY, BOSTON. 

October 31, 1877. 



Capital stock paid in, 

Loans on notes of individuals, 

United States bonds, 

Cash on hand, .... 

Dividend paid August 15, 



$500,000 00 

102,002 41 

288,817 52 

67,121 45 

3 per cent. 



" This corporation takes no deposits, and has never opened or done any busi- 
ness under its Trust Department, and has therefore no returns to make as pro- 
vided by its charter other than those given herein." 

Date of examination by the Commissioner, December 10. 



NEW ENGLAND TRUST COMPANY, BOSTON. 
October 31, 1877. 



Liabilities. 

Capital stock, 

Deposits, 

Trust accounts, . . . 

Interest, 

Profit and loss account, 

Guarantee account, 

Commission's, 

Dividends on general trust accounts, 

United States tax, 

Cash over, 

Deposits for payment of coupons, . 
Sinking fund, Chicago, Burlington, & Quincy Rail- 
road Co., . . . . . • . 



Assets. 
United States bonds, . 
City of Charlestown bonds, 
City of Cambridge bonds, . 
and United States bonds, . 



$24,622 25 
7,140 00 



Railroad company bonds, . . . . . 
Railroad company stocks in Massachusetts, . 
Mortgage notes on real estate in Boston and 

Brookline, 

Loans on call with collateral or securities, 

Loans on time notes, maturing prior to May 4, 1878, 

with collateral or sureties, . . . - . 

Cash in banks in Boston, 

Cash in office, 

Changes in investments for General Trust Ac- 
counts, 

Income of General Trust Fund, 

Expense, . . . • ■ . • . '. 

Cash short, 

Stock in N. E. Trust Co. held for distribution 
under by-laws, 



$615,500 00 
12,000 00 



31,762 25 

9,000 00 

34,262 74 



,228,187 35 
425 25 



$500,000 00 

5,033,445 44 

261,263 96 

87,744 96 

11,848 36 

155,000 00 

741 77 

2,345 40 

11,195 40 

221 31 

3,379 00 

1,092 25 



3,068,277 85 



$702,524 99 

210,500 00 

1,263,290 00 

2,636,197 97 



1,228,612 60 

43 00 

466 80 

24,867 06 

50 43 

1,725 00 

^0,008,277 85 



Date of examination by Commissioner, November 8. 



1878.] 



PUBLIC DOCUMENT — No. 8. 



359 



WORCESTER SAFE DEPOSIT AND TRUST COMPANY, WORCESTER. 

November 8, 1877. 



Capital stock, 
Deposits, 
Profits : 
Exchange, 
Commission, . 
Safe rental, 
Deposit premium, 
Profit and loss, 
Surplus fund, . 



Liabilities. 



Dividends unpaid, 



Assets. 
Bonds: 
United States Government, 
Yt. Cent. & Yt. & Ca. equipment 

Stock: 
Central National Bank, N.Y., 
Ninth National Bank, N.Y., 



Loans: 
Notes of corporation, . 
To individuals with collaterals, . 
On mortgage of real estate, . 



Expenses: 
General expenses, 
Interest, . 



Cash: 

In banks, . 

In office, 

U. S. Treasurer, currency for redemption, 



Furnitiire and fixtures, 

Premiums, 

Coupons, 

Clearing house fund, 

Real estate, . 



Dividend October 1st, 4 per cent., 
Number of depositors, . 



£8,000 
1,416 



$13 62 

39 75 

2,316 25 

279 00 

7,558 15 
50,000 00 


$400,600 00 
152,000 00 


$17,400 00 



11,255 00 



$428,857 45 
43,995 00 
97,550 00 



$1,188 70 
788 33 



$39,171 41 

61,393 60 

1,041 35 



$10,000 00 

75,069 51 

227 58 

1,000 00 

33,000 00 



$200,000 00 
1,113,783 16 



60,206 77 
548 00 



$1,374,537 93 

$552,600 00 

28,655 00 

570,402 45 
1,977 03 

101,606 36 



119,297 09 
$1,374,537 93 



Date of examination by the Commissioner, May 22. 



COLLATERAL LOAN COMPANY, BOSTON. 

. October 31, 1877. 



Capital stock, 

Reserve fund, 

Notes and accounts payable, 

Dividend unpaid, . 

Undivided profits, 

Loans outstanding, 
Furniture account, 
Cash on hand, 



$190,072 27 

2,685 00 

17,680 65 



$210,437 92 



Date of examination by the Commissioners, March 1. 



$150,000 00 

1,439 03 

55,314 26 

1,124 00 

2,560 63 



$210,437 92 



360 



BANK COMMISSIONERS' REPORT. 



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GENEEAL EEIAEKS. 



GENERAL EEMARKS. 



The present number of savings banks doing business in the 
Commonwealth is one hundred and seventy-six, — three less 
than last year. 

The Jamaica Plain Savings Bank was voluntarily closed in 
June last, as, in the opinion of the corporators, there was not 
sufficient business to warrant its continuance. The depositors 
have been paid the amounts due them, and a certificate of the 
action of the corporation in settling its affairs, dated Nov. 20, 
signed by the officers, has been sent to this office, and duly 
filed. 

Two savings banks have been perpetually enjoined by decrees 
of the Supreme Judicial Court, from further prosecution of 
business, and placed in the hands of receivers, who are proceed- 
ing to wind up the affairs of the banks. 

The Mechanics' Savings Bank of Boston was perpetually 
enjoined Jan. 12, 1877. This institution was incorporated March 
30, 1874, and began business June 27th of the same year in 
School Street, in close proximity to two of the largest savings 
banks in the city. There seems to have been no public need of 
this bank. Burdened with an onerous lease, its expenses, by 
its last report to the Commissioners, were more than seven times 
greater than the average of the savings banks in the State. 
Commencing business just after the turn in the tide of a long 
period of fictitious monetary prosperity, its deposits were in- 
vested mainly in public funds and bank stocks at high rates of 
premium, and in mortgages of real estate* at the high valuations 
of that period ; a part of which seemed to have been for the 
benefit of two land companies in the vicinity of Boston, mem- 
bers of which were also officers of the bank. . The amount of 
its deposits was 1428,934.92, on which the receivers have 
declared one dividend of forty per cent., July 11. Owing to the 
difficulty of disposing of the foreclosed real estate, and of the 
collection of the mortgage notes, they are unable to state what 



366 BANK COMMISSIONERS' REPORT. [Jan. 

amount will be realized from the remainder of the assets ; but 
they hope in the course of this year to wind up the affairs of 
the bank, and pay another dividend of thirty-five per cent or 
more. 

The North Briclgewater Bank of Brockton was temporarily 
enjoined April 5, and perpetually enjoined Nov. 13. 

The facts connected with the failure of this bank are the 
saddest in the history of savings institutions in this State. 
The revelations of its real condition indicate a course of delib- 
erate and persistent dishonesty on the part of the late treasurer 
and of inexcusable neglect by the other officers. The records 
of the bank, which are very meagre, show that only one or- 
ganized meeting of the corporation was holden between the 
years 1869 and 1875. Under the new treasurer discrepancies 
were discovered which led to an examination of the affairs of 
the bank. There were found notes, the signatures to which were 
evidently fictitious. There also had been irregularities in the 
issuing *of books of deposit, resembling those of the bank. A 
skilful accountant was engaged to make a thorough examina- 
tion of the books and assets. Upon calling in the depositors' 
books for comparison with the ledger accounts, frequent dis- 
crepancies were discovered, extending over nearly twenty years. 
Of 2,273 deposit books, more than 2,000 have been received 
and examined. The amounts entered upon the books of the 
depositors in excess of those credited to the corresponding ledger 
accounts at the bank, are already found to exceed $23,000. The 
amount of notes with fictitious or forged signatures, spurious 
bank books, discrepancies in accounts with national banks and 
in the interest account, have swollen the amount of loss already 
discovered to 878,951.91. The bond of the late treasurer, which 
was for $5,000, is probably worthless, as one of the sureties is 
deceased, and the other is out of the State and considered irre- 
sponsible. 

A small dividend may be received from the personal estate of 
the treasurer. The amount of the deposits in this bank, so 
nearly as has been ascertained, is $517,943.29. The receivers are 
prepared to pay the first dividend of twenty-five per cent., and 
it is expected that the depositors will realize about seventy-five 
per cent, of the amount due them. 

Seven savings banks have been temporarily enjoined by 
decrees of the Supreme Judicial Court, and remain under the 
management of their officers. 



1878.] PUBLIC DOCUMENT — No. 8. 367 

The City Five Cents Savings Bank of Haverhill was tempo- 
rarily enjoined July 17. This bank passed its semi-annual divi- 
dend in June, after consultation with the Commissioners, who, 
upon a careful examination of its affairs, advised this course in 
view of the inevitable losses from the depreciation in value of 
certain loans on mortgage of real estate. High rates of interest 
tempted the trustees to make these loans on real estate situated 
within the limits of Boston, or in its vicinity. They comprised 
more than one-third the amount loaned on mortgage of real 
estate, and one-fourth of the total of its deposits. An excessive 
demand on the part of depositors followed the failure to pay 
the usual dividend, and the injunction was asked for as more 
prudent for the protection of the interests of all concerned. A 
re-organization of the management was effected, and the hope 
is entertained that after the passage of two dividends, the bank 
will be in condition to be restored to its full corporate powers. 

The Sandwich Savings Bank was temporarily enjoined Aug. 
25. This bank had invested its deposits largely in loans on 
mortgage of real estate in Boston and vicinity, principally 
through the agency of a broker. 

When the depression in values came, the bank found itself 
burdened with real estate (part of which was vacant land and 
the remainder unproductive) to an amount equal to twenty-five 
per cent, of its deposits. The court, upon application of the 
officers of the bank, and the petition of a large number of 
the depositors, granted a delay of sixty days, which has been 
extended for a like term, to enable them to obtain the consent 
of the depositors to accept eight}^ per cent, of the amounts due 
them, and to continue, or close up the bank as may be deemed 
best ; but the success of this course is by no means assured ; 
and the bank is likely to go into the hands of receivers to be 
wound up. 

The Barnstable Savings Bank was temporarily enjoined Sept. 
28. This is one of the oldest and formerly most conservative 
banks in the Commonwealth ; but, unfortunately, its manage- 
ment was changed during the period of speculative excitement 
in real estate, and its public funds were sold, and the proceeds 
invested in loans on personal security and on mortgages of real 
estate in Boston and its vicinity. Its management was again 
changed; and, although the loan account considerably improved 
in some directions, the continued depreciation in values com- 



368 BANK COMMISSIONERS' REPORT. [Jan. 

pelled the bank to foreclose a large number of mortgages, and 
take possession of real estate which yielded little or no income. 
It had also suffered considerable loss on personal loans. 

After the Sandwich Savings Bank had been placed under in- 
junction, an extraordinary demand was made by the depositors 
upon the Barnstable Bank. Although the notice provided by 
the by-laws of the bank was required, still there was no abate- 
ment in the demand, and it was considered for the best interest 
of the depositors, that an injunction should issue, and a reason- 
able time be allowed the managers to ascertain if the bank 
could be extricated from its difficulties. 

The Hyannis Savings Bank was temporarily enjoined Oct. 2. 
. The excitement consequent upon the suspension of two other 
banks in the immediate neighborhood extended to its depositors, 
and the demand on their part became excessive. The bank 
had been led into investments in loans on mortgage of real 
estate in Boston and its vicinity, on which there was liability to 
loss, and a shrinkage in the value of its bank stocks had also 
taken places. The managers are very confident that, by the 
passing of two dividends, the bank will be in condition to re- 
sume, and meet all obligations. 

The Taunton Savings Bank was temporarily enjoined Dec. 
24. The necessity for this action was occasioned by deprecia- 
tion in the values of loans upon mortgage of real estate within 
the limits of the city of Boston. The board of management 
are confident that the loss will not be large-, and hope to be pre- 
pared to resume the receipt and payment of deposits within a 
year. 

The West Boston Savings Bank was temporarily enjoined for 
the second time Dec. 29. This bank, after having remained 
under injunction for a period of about one year and a half, was 
restored to its full corporate powers April 1. The managers x 
expressed themselves assured that the bank deserved and would 
obtain the confidence of its depositors and the public. After 
having accumulated a surplus of more than one hundred thou- 
sand dollars, and converted more than one-third of its assets 
into available funds, it was felt that the bank could safely 
resume. Immediately upon resumption, a heavy and continu- 
ous demand depleted the bank of about one million of dollars 
within sixty days ; after that time the call was moderate, declin- 
ing each month, until, in September, it amounted to less than 



1878.] PUBLIC DOCUMENT — No. 8. 369 

twenty thousand dollars. Upon the payment of its dividend in 
October the demand was again large, reaching more than 
$250,000. In November the withdrawals fell to about $67,000 ; 
but toward the middle of December an active demand again set 
in, which continued to increase until a meeting of the trustees 
was called, at which a vote was passed that in their opinion the 
usefulness of the institution had ceased, and requesting that its 
affairs be wound up with economy, and for the best interests of 
the depositors. Whereupon application was made for an in- 
junction to issue and for the appointment of receivers. Dur- 
ing the entire period of resumption, the amount of deposits re- 
ceived was $75,000. 

The Woburn Five Cents Savings Bank was temporarily 
enjoined Jan. 2, 1878. A more than ordinary demand from 
depositors began about two weeks earlier. The bank • had 
suffered a considerable Joss on loans on personal security, 
which, with shrinkage in the value of bank stock, would have 
rendered it necessary to pass its semi-annual dividend payable 
in January. With this condition of affairs, on consultation 
with the Commissioners, it was considered for the best interest 
of the depositors that an injunction should issue. This case 
will come on for a hearing before the Supreme Judicial Court 
on the 17th inst., and the continuation of the temporary injunc- 
tion, with such modification as the court made deem expedient, 
will be recommended. 

The total of deposits in the Savings Banks at the close of 
business, Oct. 31, 1877, including amount in three banks in 
liquidation was ...... $244,596,614 18 

Being an increase for the year of . . . 1,255,971 43 

The amount of surplus, including the guarantee fund of 

$914,647,78, was $5,182,570 86 

A decrease for the year of ... . 55,893 41 

The increase of deposits is about one-quarter of that of the 
previous year. The surplus of most of the banks is more than 
that of the previous year ; but the decrease in the aggregate 
occurs from the fact that one bank which reported the largest 
surplus last year, $620,416.95 this year, having paid an extra 
dividend, reports only $24,632.50 surplus. 

The number of open accounts was 739,757, an increase of 468 

47 



370 BANK COMMISSIONERS' REPORT. [Jan. 

for the year, giving to each account an average of 1330.64, which 
is an increase of |1.49 over the average of the previous year. 

The amount deposited during the year was $42,595,232.58, a 
decrease from the previous year of $7,181,538.50. The number 
of deposits was 558,156, a decrease of 12,628. The average of 
deposits was $76.31. The average the previous year was $87.20, 
being a decrease of $10.89 for the year. 

The amount of withdrawals was $47,918,238.87, $4,202,285.15 
less than the previous year. The number of withdrawals 
was 499,983, a decrease of 37,182. ' The average amount of 
withdrawals was $95.84, being a decrease of $1.19 from that of 
the previous year, when the average was $97.03. 

Reference to the table of comparative aggregates will show 
the changes in loans and investments for the year. Public 
funds have increased $4,593,398.89, and are now nearly double 
those of 1875. All but $288,004.31 of this increase was in 
United States bonds; and if the tax on deposits invested in 
these bonds could be removed, the increase would undoubtedly 
be much greater in future, and the security of the depositors 
be thereby enhanced. 

Loans on public funds have more than doubled during the 
year, the increase being $713,227.43. Investments in bank 
stocks have increased $413,655.56. Loans on bank stock have 
decreased $174,103.68. Loans on mortgage of real estate have 
decreased $4,910,066.93, but the amount carried to the account 
of "real estate by foreclosure," a large part of which had 
accumulated previous to Oct. 1, 1876, when the new Act took 
effect, has increased $3,171,274.33, making the net decrease 
$1,738,792.60 in loans on mortgage of real estate. Loans on 
personal security are $950,345 less than the previous year. 

Investments in railroad bonds have decreased $1,012,457.44, 
about ten per cent. ; and the decrease will probably be continu- 
ous as these investments mature and are paid. The Act of 
1876 practically precludes investments in the bonds of most of 
the railroads, as now issued — not being first mortgage bonds. 
The percentage of assets in the different classes of investments 
is about as follows. Public funds and loans on public funds 
fourteen per cent. Bank stocks and loans on same, eleven per 
cent. Railroad bonds and loans on same three and two-thirds per 
cent. Loans on mortgages of real estate, forty-six and two- 
fifths per cent. Invested in real estate, including foreclosures, 



1878.] PUBLIC DOCUMENT — No. 8. 371 

three and one-fifth per cent. Loans on personal security, thir 
teen and two-thirds per cent. Loans to counties, cities, and 
towns, four per cent. Deposits in bank on interest, two and 
three-fourths per cent. 

The rates of interest on loans are materially decreased, which, 
with the shrinkage of values and some losses in investments, 
continuously diminishes the profits of the banks, so that it will 
be difficult for most of them to pay the maximum of dividends 
allowed by the Act of 1876, — five per cent, per annum, — while 
a number of them, including some of the largest in the State, 
have already reduced the rate to four per cent. The earnings 
of the banks have decreased 1663,863.38, — a little more than' 
four per cent. 

Loans at 7 per cent and higher rates have diminished mate- 
rially. The amount of loans at 7 per cent, and over, reported for 
1876, was 1119,466,579.51 ; in 1877, 178,629,013.70, a decrease of 
$40,837,565.81. The amount of loans under 7 per cent, reported 
in 1876 was 852,135,583.78 ; in 1877, $88,188,389.26, an increase 
of $36,052,805.48. 

Loans at 8 per cent have decreased . . . $7,367,084 02 

. 5,589,344 54 

. 6,656,403 74 

. 20,894,894 69 

While loans at 6J per cent and lower have largely increased. 

d - - . $5*963,339 19 

. 15,541,474 75 

. 8,790,383 77 

. . . 2,293,939 90 

The general effect of the Act of 1876, relative to savings 
banks, has been salutary, and could some of its new provisions 
have been earlier incorporated into the statutes, several of the 
temporary injunctions which have been issued would have been 
rendered unnecessary. 

All the banks but one, " The Provident Institution for Savings 
in the Town of Boston," have complied with the requirements 
of the statute providing for a guarantee fund. The following 
from the treasurer of the Provident Institution for Savings is 
in answer to a letter of inquiry on this subject. " I beg to say 



44 


44 71 44 

*2 


44 


44 


44 


44 


44 7 3 44 

' 10 


44 


44 


44 


44 


44 7 44 


44 


44 


44 



44 


44 


^2 

6 


44 


44 


44 


44 


44 


44 


5 


44 


44 


44 


44 


44 


44 


4 


44 


44 


44 


44 



372 BANK COMMISSIONERS' REPORT. [Jan. 

'that the trustees considered thernsehres under a contract with 
-the depositors to divide, every five years, any excess of earnings 
on hand over the usual semi-annual dividends. — that the period 
of five years was completed in July last, and in future it is the 
intention of the trustees to comply with the statute in that par- 
ticular." 

The other new provisions of the Act of 1876 are generally 
exerting a beneficial effect upon the banks. 

While the Legislature should exercise constant vigilance over 
these institutions, care should be taken that they be not 
embarrassed by too many enactments, or frequent changes in 
those which now exist. 

As it has been our duty to indicate the weaknesses of some 
of the banks, and to record the causes of disaster to a few, we 
advert with pleasure to the soundness of these institutions gen 
erally. and are satisfied that they are mainly prudently and 
well conducted, and in a healthful condition. 

When the hardships of an appreciating currency have put to 
the severest test all the financial institutions of the country, 
and when the gravest trial of the integrity and patriotism of 
the people is threatened by the instability of national legisla- 
tion, by which we are again in danger of haying values unsettled, 
confidence impaired, and the national credit weakened, it is not 
surprising that apprehensions should exist, and in some cases 
distrust should produce unfortunate results. Sayings institu- 
tions, more than any others, are founded upon the confidence 
reposed by depositors. Severe as is the ordeal through which the 
system is passing, it is not without beneficial effect. Many of 
the evils into which some of the banks have been drawn have 
been corrected. The ambition to make large dividends, the 
tempting of depositors by unusual" interest, the eagerness for 
investments paying high rates, and the competition among the 
banks, have disappeared. 

If the return to a stable basis of values is established, and 

the safety of the public credit, in which is involved all private 

credit, is assured, we are confident that the apprehensions will 

soon pass away, and that the losses to depositors in the savings 

institutions of the Commonwealth will be small. 

The loan and trust companies have generally been pru- 
dently managed and in conformity with the provisions of their 
charters. The companies whose charters were amended by the 



1878.] PUBLIC DOCUMENT — No. 8. 373 

last Legislature so as to require a return of their assets and lia- 
bilities in the form of a trial balance of their accounts and to 
publish the same in some local newspaper, have complied with 
this provision of the amendments. 

The Worcester Safe Deposit and Trust Company have also 
made a return this year in the same form, though not specially 
required to do so by the provisions of their charter. 

The Massachusetts Loan and Trust Company allege that 
they have not availed themselves of the trust provisions of 
their charter, and that their business is almost exclusively that 
of loaning money upon merchandise, and therefore they make 
the same form of return as in previous years, which is in com- 
pliance with the requirments of their charter. 

An examination of the loans of the Collateral Loan Com- 
pany was this year made by a person selected by the Commis- 
sioners, with the concurrence of the officers of the institution ; 
each article on which a loan had been made was found to 
correspond in every case with the record. 

This institution seems to be judiciously managed, and mainly 
to serve a useful purpose in relieving the necessities of a class 
in the community who are obliged to obtain loans on such arti- 
cles of luxury or utility as they may have to offer ; and to con- 
form strictly to the rates of charges for loans which its by-laws 
prescribe. 



APPENDIX 



APPENDIX. 



[From the Report of the Supreme Judicial Court, Worcester, 
ss., October Law Term, 1877. Commonwealth vs. Lancaster 
Savings Bank. Opinion of the Court.] 

Endicott, J. — The constitution of this Commonwealth 
provides that the Legislature may impose and levy reasonable 
duties and excises upon any produce, goods, wares, merchan- 
dise, and commodities whatsoever, brought into, produced, man- 
ufactured, or being within the State. A duty or excise may 
thus be exacted not merely upon certain articles produced or 
brought into the State, but also upon any commodities whatso- 
ever. Commodity is a general term, and includes the privilege 
and convenience of transacting a particular business; and upon 
persons carrying on such business it has never been questioned 
that the Legislature may levy an excise, or provide that a 
license must be obtained in order to transact it. (See Gen. 
Stats., chap. 50.) And when a number of persons are incorpo- 
rated by the Legislature for a special purpose, or, being incorpo- 
rated by another State, have an office or place of business within 
the Commonwealth, upon the franchise thus conferred or exer- 
cised an excise may be laid. (Portland Bank vs. Apthorp, 12 
Mass., 252; Attorney-General vs. Bay State Mining Co., 99 
Mass., 148.) It is not a tax upon property, though the amount 
of the capital stock or the extent of the business transacted 
may properly afford the means of computing the amount of 
the tax. It was said by Mr. Justice Wells, in Attorney-Gener- 
al vs. Bay State Mining Co. : "In case of domestic corporations, 
it is based upon a valuation which involves an estimate present 
and prospective, which the stock is supposed to derive from the 
capital and the exercise of all the rights and privileges enjoyed 
by the corporation in the conduct of its business." Being a 
tax upon the privilege of transacting a particular business, it 



378 BANK COMMISSIONERS' REPORT. [Jan. 

would seem necessarily to follow, that if at the time when the 
tax is to be assessed and is declared to accrue the corporation 
has, for the purpose of transacting its business, practically 
ceased to exist, and can no longer enjoy the privilege, then no 
tax is to be exacted. 

By the statutes of this Commonwealth, savings banks are 
required to pay a tax of three-quarters of one per cent, upon 
their deposits, to be assessed one-half on the average amount of 
their deposits for the six months preceding the first day of 
May, and the other half in like manner preceding the first day 
of November of each year; and their officers are required to 
make return of the same on or before the second Mondays of 
these months. (St. 1862, chap. 224. §§ 4, 5, 8, 9, 11, 12; St. 
1868, chap. 315.) The.statute of 1862 was passed April 30, of 
that year ; and the power of the Legislature to impose such a tax 
upon the franchise of savings banks, and the right to assess it 
on the average amount of deposits for the six months next 
preceding the first day of May of that year, was upheld in 
Commonwealth vs. People's Five Cents Savings Bank, 5 Allen, 
428. The grounds upon which that decision was based are, in 
the opinion of the court, decisive of this case. It was there 
held that the excise was not laid on the property of the bank, 
or its depositors, or the business which the bank transacted 
during a given period, but upon the value of the franchise on 
the first day of May, or in other words, on its capacity to 
transact business on that day; and that the extent of its 
capacity on that day could properly be determined by the 
amount of its business during the preceding six months. That 
amount would disclose its capacity, and the value of the privi- 
lege and benefit it enjoj^ed under its charter on the day when 
the tax was assessed. (See Commonwealth vs. Provident In- 
stitution for Savings, 12 Allen, 312.) 

In the case at bar, the Lancaster Savings Bank was, by the 
decree of this court, in December, 1875, placed in the hands of 
receivers, and perpetually prohibited from transacting the busi- 
ness for which it was incorporated, and deprived of the right to 
exercise its franchise, and of the profit and benefit to be derived 
therefrom. The receivers proceeded at once to wind up the 
affairs of the bank, and the organization of the bank existed 
only for the purpose of executing such deeds and papers as 
might be necessary to enable the receivers to perform their 



1878.] PUBLIC DOCUMENT — No. 8. 379 

duties. Without considering the question whether the fran- 
chise could be said to exist on the first day of May following, 
it is very clear that as a privilege to transact business on that 
day it did not exist. Its officers could not be required to make 
return ; and no tax could be levied as of May 1, 1876, under the 
existing provisions of law. (See Jones vs. Winthrop Savings 
Bank, QQ Me., 242.) If in December, 1875, there had been no 
statute imposing a tax on the franchise of savings banks, and in 
April, 1876, a statute similar to the statute of 1862 had been 
enacted, it would hardly be contended that it could apply to a 
bank then in the hands of receivers, and perpetually enjoined 
from the transaction of all business. And yet it is impossible, 
under the authorities cited, to distinguish such a case from the 
case at bar. 

Other provisions of Stat. 1862, chap. 224, confirm this con- 
struction. When a savings bank fails to pay the taxes imposed 
by that Act, the treasurer of the Commonwealth may bring an 
action for their recovery, and it may also be liable to an injunc- 
tion restraining it from prosecuting its business until the taxes 
are paid (sect. 11). (See also Stat. 1867, chap. 52.) It is 
clearly to be inferred from these provisions that the corporations 
upon which taxes are to be imposed by the statute are those 
which are in the exercise of their corporate powers, and against 
which the proceeding and penalties provided may be enforced ; 
and not those in the hands of receivers, and perpetually en- 
joined from transacting business. (See Columbian Book Co. 
vs. Deljolyer, 115 Mass., 69.) We are of opinion that the 
decree of the chief justice was correct in directing the receivers 
that the claim of the Commonwealth to recover a tax as of 
May 1, 1876, was invalid. 

Decree affirmed. 

48 



380 



BANK COMMISSIONERS' REPORT. 



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1878.] 



PUBLIC DOCUMENT — No. 8. 



:81 



INDEX TO THE ANNUAL REPORTS. 



LOCATION. 

Abington, . 

Adams, 

Amherst, . 
Andover, . 
Arlington, . 
Ashburnkam, 
Athol, 

Attleborough, 
Barnstable, 
Barre, 
Beverly, . 



SAVINGS BANKS. 



CORPORATE NAME. 



Boston, 



Braintree, . 
Bridgewater, 
Brockton, . 
Brookfield, 
Brookline, 

Cambridge, 

Canton, 
Chelsea, . 



Abington Savings Bank, . 

Hoosac Savings Bank, 

North Adams Savings Bank, 

South Adams Savings Bank, . 

Amherst Savings Bank, 

Andover Savings Bank, 

Arlington Five Cents Savings Bank 

Ashburnham Savings Bank, 

Athol Savings Bank, . 

Attleborough Savings Bank, . • 

Barnstable Savings Bank, . 

Barre Savings Bank, . 

Beverly Savings Bank, 

Boston Five Cents Savings Bank, 

Boston Penny Savings Bank, . 

Brighton Five Cents Savings Bank, 

Charlestown Five Cents Savings Bank, 

Dorchester Savings Bank, . 

East Boston Savings Bank, 

Eliot Five Cents Savings Bank, 

Emigrant Savings Bank, . 

Franklin Savings Bank, 

Home Savings Bank, .... 

Institution for Savings in Roxbury and its 

Mechanics' Savings Bank, 

Mercantile Institution for Savings, . 

North End Savings Bank, . 

Provident Institution for Savings in the 

Boston, 

South Boston Savings Bank, 

Suffolk Savings Bank for Seamen and others, 

Union Institution for Savings in the City of Boston 

Warren Institution for Savings, 

West Boston Savings Bank, 

Braintree Savings Bank, . 

Bridgewater Savings Bank, 

North Bridgewater Savings Bank, 

Brookfield Savings Bank, . 

Brookline Savings Bank, . 

Cambridge Savings Bank, . 

Cambridgeport Savings Bank, . 

East Cambridge Five Cents Savings 

North Avenue Savings Bank, . 

Canton Institution for Savings, 

Chelsea Savings Bank, 



Vicinitv 



Town of 



Bank, 



382 



INDEX. 



LOCATION. 

Chicopee, . 
Chicopee Falls, 
Clinton, 
Cohasset, . 
Concord, . 
Danvers, . 
Dedham, . 
East Bridgewater, 
Eastliampton, . 
East Weymouth, 
Pairhaven, 

Fall River, 



Fitchburg, 

Florence, . 

Foxborough, 

Framingliam, 

Franklin, . 

Gardner, . 

Georgetown, 

Gloucester, a 

Grafton, 

Great Barrington, 

Greenfield, 

Grovel and, 

Haverhill, . 

Harwich, . 
Haydenville, 
Hingham, . 
Holliston, . 

Holyoke, . 

Hopkinton, 
Hudson, . 
Hyannis, . 
Hyde Park, 
Ipswich, . 
Lancaster, 

Lawrence, . 

Lee, . 
Leicester, . 
Leominster, 
Lexington, 



Lowell, 



CORPORATE NAME. 

Chicopee Savings Bank, 
Chicopee Falls Savings Bank, . 
Clinton Savings Bank, 
Cohasset. Savings Bank, 
Middlesex Institution for Savings, 
Danvers Savings Bank, 
Dedham Institution for Savings, 
East Bridgewater Savings Bank, 
Easthampton Savings Bank, 
East Weymouth Five Cents Saving 
Fairhaven Institution for Savings, 
Citizens' Savings Bank, 
Fall River Five Cents Savings Bank 
Fall River Savings Bank, . 
Union Savings Bank, . 
Fitchburg Savings Bank, . ■ 
Worcester North Savings Institution 
Florence Savings Bank, 
Foxborongh Savings Bank, 
Framingham Savings Bank, 
Benjamin Franklin Savings Bank, 
Gardner Savings Bank, 
Georgetown Savings Bank, 
Cape Ann Savings Bank, . 
Grafton Savings Bank, 
Great Barrington Savings Bank, 
Franklin Savings Institution, . 
Greenfield Savings Bank, . 
Groveland Savings Bank, . 
Haverhill Savings Bank, . 
City Five Cents Savings Bank, 
Cape Cod Five Cents Savings Bank 
Haydenville Savings Bank, 
Hingham Institution for Savings, 
Holliston Savings Bank, . 
Holyoke Savings Bank, 
Mechanics' Savings Bank, . 
Hopkinton Savings Bank, . 
Hudson Savings Bank, 
Hyannis Savings Bank, 
Hyde Park Savings Bank, . 
Ipswich Savings Bank, 
Lancaster Savings Bank, . 
Broadway Savings Bank, . 
Essex Savings Bank, . 
Lawrence Savings Bank, . 
Lee Savings Bank, 
Leicester Savings Bank, 
Leominster Savings Bank, 
Lexington Savings Bank, . 
Central Savings Bank, 
City Institution for Savings, 
Lowell Five Cents Savings Bank, 
Lowell Institution for Savings, 
Mechanics' Savings Bank, 
Merrimack River Savings Bank, 



Bank, 



1878.] 



PUBLIC DOCUMENT — No. 8. 



383 



Lynn, 

Maiden, . 

Marblehead, 

Marlborough, 

Med ford, . 

Medway, . 

Melrose, 

Merrimack, 

Middleborough 

Milford, . 

Millbury, . 

Monson, 

Nantucket, 

Natick, 

Needharn, . 

New Bedford, 



Newburyport, 

Newton, . 
Northampton, 

North Brookfield, 
North Easton, 
Orange, 
Palmer, 
Peabody, . 
Pittsfield, . 

Plymouth, 

Provincetown, 
Quincy, 
Randolph, . 
Reading, . 
Rockland, . 
Rockport, . 

Salem, 

Salisbury, . 

Sandwich, . 
Scituate, . 
Sherburne Falls, 
Southbridge, 
South Adams, 
South Scituate, 
South Weymouth, 
South Yarmouth, 
Spencer, . 

Springfield, 

Stoneham, 
Stockbridge, 



CORPORATE NAME. 

Lynn Five Cents Savings Bank, 

Lynn Institution for Savings, 

Maiden Savings Bank, 

Marblehead Savings Bank, 

Marlborough Savings Bank, 

Medford Savings Bank, 

Medway Savings Bank, 

Melrose Savings Bank, 

Merrimack Savings Bank, . 

Middleborough Savings Bank, 

Milford Savings Bank, 

Millbury Savings Bank, 

Monson Savings Bank, 

Nantucket Savings Bank, . 

Natick Savings Bank, 

Needham Savings Bank, . 

New Bedford Five Cents Savings Bank, 

New Bedford Institution for Savings, 

Institution for Savings in Newburyport and its 

Vicinity, 

Newburyport Five Cents Savings Bank, 

Newton Savings Bank, 

Hampshire Savings Bank, 

Northampton Institution for Saving 

North Brookfield Savings Bank, 

North Easton Savings Bank, 

Orange Savings Bank, 

Palmer Savings Bank, 

Warren Five Cents Savings Bank, 

Berkshire County Savings Bank, 

Plymouth Five Cents Savings Bank 

Plymouth Savings Bank, . 

Seamen's Savings Bank, . 

Quincy Savings Bank, 

Randolph Savings Bank, . 

Reading Savings Bank, 

Rockland Savings Bank, . 

Rockport Savings Bank, 

Salem Five Cents Savings Bank, 

Salem Savings Bank, . 

Provident Institution for Savings in the Towns of 

Salisbury and Arnesbury, 
Sandwich Savings Bank, . 
Scituate Savings Bank, 
Shelburne Falls Savings Bank, 
Southbridge Savings Bank, 
South Adams Savings Bank, 
South Scituate Savings Bank, 
South Weymouth Savings Bank, 
Bass River Savings Bank, . 
Spencer Savings Bank, 
Hampden Savings Bank, . 
Springfield Five Cents Savings Bank, 
Springfield Institution for Savings, 
Stoneham Savings Bank, . 
Stockbridge Savings Bank, 



PAGE. 

175 
177 
180 
181 
183 
189 
191 
192 
198 
200 
203 
205 
208 
210 
212 
214 
215 
217 



384 



INDEX. 



Taunton, . 

Templeton, 
Turner's Falls, 
Uxbridge, . 
Wakefield, 
"Wales, 
Waltham, . 
"Ware, 
"Wareliam, 
Watertown, 
"Webster, . 
Wellfleet, . 
Westborough, 

Westfield, . 

"West Stockbridge, 

W T eymouth, 

Whitinsville. 

W T inchendon, 

Winchester, 

Woburn, . 



Worcester, 



CORPORATE NAME. 

Bristol County Savings Bank, 

Taunton Savings Bank, 

Templeton Savings Bank, . 

Crocker Institution for Savings, 

Uxbridge Savings Bank, . 

Wakefield Savings Bank, . 

Wales Savings Bank, . 

Waltham Savings Bank, . 

Ware Savings Bank, . 

Wareham Savings Bank, . 

Watertown Savings Bank, 

Webster Savings Bank, 

Wellfleet Savings Bank, . 

Westborough Savings Bank, 

Westfield Savings Bank. . 

Woronoco Savings Bank, . 

Miners' Savings Bank, 

Weymouth Savings Bank, 

Whitinsville Savings Bank, 

Winchendon Savings Bank, 

Winchester Savings Bank, 

Wobnrn Savings Bank, 

People's Savings Bank, 

Worcester County Institution for Savings, 

Worcester Five Cents Savings Bank, 

Worcester Mechanics' Savings Bank, 



PAGE. 

39 
303 
305 

77 
309 
311 
312 
313 
315 
317 
323 
325 
326 
328 
332 
352 
207 
333 
335 
337 
339 
340 
242 
342 
345 
347 



LOCATION. 

Springfield, 

Boston, 

Worcester, 



TRUST COMPANIES. 



CORPORATE NAME. 



Chapin Banking and Trust Co., .... 357 

Boston Safe Deposit and Trust Company, . . 357 

Massachusetts Loan and Trust Company, . . 358 

New England Trust Company, 358 

Worcester Safe Deposit and Trust Company, . 359 



Boston, 



Collateral Loan Company, 



359 



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I ■ 



ERRATA. 

Page 62. Chelsea Savings Bank, Assets, Real Estate, $15,086.00, should be 

$15,086.30. 
Page 86. East Bridgewater Savings Bank, Liabilities, Other Liabilities, $558.58, 

should be $588.58; 



■ 



K.' H^H